Re: China falsifying economic statistics to disguise true depth of troubles: Economis
Before 1994 electricity supply was managed by electric power bureaus of the provincial governments. Now utilities are managed by corporations outside of the government administration structure.
To end the State Power Corporation's (SPC) monopoly of the power industry, China's State Council dismantled the corporation in December 2002 and set up 11 smaller companies. SPC had owned 46% of the country's electrical generation assets and 90% of the electrical supply assets. The smaller companies include two electric power grid operators, five electric power generation companies and four relevant business companies. Each of the five electric power generation companies owns less than 20% (32 GW of electricity generation capacity) of China's market share for electric power generation. Ongoing reforms aim to separate power plants from power-supply networks, privatize a significant amount of state-owned property, encourage competition, and revamp pricing mechanisms.[4]
It is expected that the municipal electric power companies will be divided into electric power generating and electric power supply companies. A policy of competition between the different generators will be implemented in the next years..........
The five majors, and their listed subsidiaries: The five majors are all SOEs directly administered by SASAC.[9] Their listed subsidiaries are substantially independent, hence counted as IPPs, and are major power providers in their own right. Typically each of the big 5 has about 10% of national installed capacity, and their listed subsidiary an extra 4 or 5% on top of that.
China Datang Corporation
parent of Datang International Power Generation Company (SEHK: 991; SSE: 601991)
China Guodian Corporation ("Guodian")
parent of GD Power Development Company (SSE: 600795),
China Huadian Group
parent of Huadian Power International Co., Ltd.
China Huaneng Group
parent of Huaneng Power International (NYSE:HNP)
China Power Investment Corporation ("CPI")
parent of China Power International Development Limited ("CPID", 2380.HK)
Additionally two other SOEs also have listed IPP subsidiaries:
the coalmine owning Shenhua Group
parent of China Shenhua Energy Company (SEHK: 1088, SSE: 601088)
China Resources Group ("Huarun")
parent of China Resources Power Holdings Company Limited ("CRP", SEHK: 836)
Secondary companies:
Shenzhen Energy Co., Ltd.
Guangdong Yuedian Group Co., Ltd.
Anhui Province Energy Group Co., Ltd.
Hebei Jiantou Energy Investment Co., Ltd.
Guangdong Baolihua New Energy Stock Co., Ltd.
Shandong Luneng Taishan Cable Co., Ltd.
Guangzhou Development Industry (Holdings) Co., Ltd.
Chongqing Jiulong Electric Power Co., Ltd.
Chongqing Fuling Electric Power Industrial Co., Ltd.
Shenergy Company (SSE: 600642), Shanghai.
Shenergy Group, Shanghai.
Sichuan Chuantou Energy Stock Co., Ltd.
Naitou Securities Co., Ltd.
Panjiang Coal and Electric Power Group
Hunan Huayin Electric Power Co., Ltd.
Shanxi Top Energy Co., Ltd.
Inner Mongolia Mengdian Huaneng Thermal Power Co., Ltd.
SDIC Huajing Power Holdings Co., Ltd.[10][11]
Sichuan MinJiang Hydropower Co., Ltd.
Yunnan Wenshan Electric Power Co., Ltd.
Guangxi Guidong Electric Power Co., Ltd.
Sichuan Xichang Electric Power Co., Ltd.
Sichuan Mingxing Electric Power Co., Ltd.
Sichuan Guangan Aaa Public Co., Ltd.
Sichuan Leshan Electric Power Co., Ltd.
Fujian MingDong Electric Power Co., Ltd.
Guizhou Qianyuan Power Co., Ltd.
Nuclear and hydro:
China Guangdong Nuclear Power Group
China Yangtze Power (listed)
Sinohydro Corporation an engineering company.
Guangdong Meiyan Hydropower Co., Ltd.
Grid operators include:
State Grid Corporation of China
China Southern Power Grid
Wenzhou CHINT Group Corporation ("Zhengtai")
Electricity sector in the People's Republic of China - Wikipedia, the free encyclopedia
also please see
Category
ower companies of the People's Republic of China
http://en.wikipedia.org/wiki/Category:Power_companies_of_the_People's_Republic_of_China
Are they also State owned?