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China Resources Power

Sector: Power Generation (CCGT) • Location: China

Source: World Bank Group

Project
Active

China Resources Power (CRP) operated coal-fired power plants in China's Guangdong, Jiangsu, Zhejiang, Hebei and Henan provinces. It is a sister company of blue-chip conglomerate China Resources Enterprise Ltd. Both are units of state-owned China Resources (Holdings) Co. On November 12th 2003, CRP raised HK$2.95 billion (US$333 million) by floating 1.06 billion new shares through an initial publi

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The project “China Resources Power” is an infrastructure initiative in the Power Generation (CCGT) sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Description

Description

China Resources Power (CRP) operated coal-fired power plants in China's Guangdong, Jiangsu, Zhejiang, Hebei and Henan provinces. It is a sister company of blue-chip conglomerate China Resources Enterprise Ltd. Both are units of state-owned China Resources (Holdings) Co. On November 12th 2003, CRP raised HK$2.95 billion (US$333 million) by floating 1.06 billion new shares through an initial public offering (IPO) in Hong Kong, the first by a Chinese power company abroad in four years. CRP increased power generation capacity by 516 megawatts to 1,545 megawatts in 2003, after two units of the Liyujiang Power Plant began operating in July and September respectively and demand for power increased significantly during that year. None None

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