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  1. CLP to build US$1.2b plant in India

    Posted Jul 25th 2008, 12:00am by Carol Chan

    ... as an 82.4 MW wind project in Karnataka. Those wind ventures are expected to be commissioned in phases starting in June next year. CLP India also owns and operates a 655 MW combined cycle gas power plant in Paguthan in Gujarat. Once all these projects are on stream, it will have a total capacity of 2,158 MW. ...

  2. Sinopec pours funding into oil, gas exploration

    Posted Oct 30th 2003, 12:00am by Eric Ng

    ... its spending on oil and gas exploration to bolster production and offset lower oil prices expected next year. Zhang Jiaren, chief financial officer of the country's second-largest oil ... year's production targets. Mr Zhang said he expected oil prices to fall next year. Sinopec has increased its oil and gas exploration and production budget for the year by 1.87 billion yuan ...

  3. Shanghai pledges not to cut power for Bayer

    Posted Oct 13th 2004, 12:00am by Mark O'Neill

    ... the chairman of Bayer MaterialScience said yesterday. Hagen Noerenberg was in Shanghai to attend the ground-breaking ceremony on Monday of two plants that are part of his company's US$3.1 billion investment in the Shanghai Chemical Industry Park in Caojing district. The two plants, which require a total investment of US$200 million, will manufacture polyurethane and coating raw materials. ...

  4. Sinopec parent ponders injection of assets

    Posted Sep 25th 2003, 12:00am by Eric Ng

    ... from the listed vehicle as they were either too small in operating scale or under construction. One exclusion is the Maoming ethylene plant, owned by Maoming Petrochemical. Although the plant ... the plant enjoyed value-added tax rebates at the time, which would have been stripped if it was injected into Sinopec. The plant no longer received the rebate, clearing the way for an injection, he ...

  5. China BlueChemical targets phosphate assets

    Posted Sep 01st 2008, 12:00am by Eric Ng

    ... Eric Ng China BlueChemical, the listed fertiliser unit of offshore oil and gas producer China National Offshore Oil Corp, expects to complete the planned acquisition of a phosphate ... in Hubei province and an 83.7 per cent stake in a phosphate fertiliser plant, both of which belonged to the erstwhile China National Chemical Construction which was acquired by China National ...

  6. Nuclear crisis puts HK energy goals in doubt

    Posted Mar 19th 2011, 12:00am by Staff Reporter

    ... the mainland, environment officials say. The unfolding crisis has led a number of nations to review the role and safety of nuclear power, with China ordering safety checks at all existing plants ... Kong's electricity. The remainder comes from coal and gas. Hong Kong officials never spelt out where the new reactors would be built and to what extent the city would participate in the project. ...

  7. Power supplier unveils blueprint for cleaner air

    Posted Dec 04th 2004, 12:00am by Staff Reporter

    ... plant emissions It plans a giant liquefied natural gas storage terminal to reduce its reliance on coal It plans to generate 5 per cent of its electricity from renewable sources by 2010 ... to spend billions of dollars over the next seven years to reduce emissions from its power plants. But CLP Group refused to disclose the exact cost, and it was not immediately clear whether the plan ...

  8. Enerchina to offer cheap electricity

    Posted Apr 09th 2005, 12:00am by Georgina Lee

    ... Georgina Lee Company says it can undercut city's duopoly with supply from plants fuelled by liquefied natural gas Shenzhen-based Enerchina Holdings has become the second player keen ... ruling out the company building its own distribution network, said it could 'readily' supply clean power from plants fuelled by liquefied natural gas to grab a slice ...

  9. China Gas price declines following news of fraud

    Posted Feb 02nd 2011, 12:00am by Eric Ng

    ... Eric Ng China Gas Holdings' share price dived by 18.3 per cent after it revealed on Monday night that two of its directors had been detained in Shenzhen since mid-December on suspicion of embezzlement involving gas projects in Hubei province. This raised the possibility of a worst-case scenario for the company of facing a complete write-off of the HK$178 million it spent ...

  10. HK Electric beats forecasts with HK$8b profit

    Posted Mar 18th 2009, 12:00am by Denise Tsang

    ... of mainstay power assets on its home turf. Contributions from the Wellington electricity distribution network in New Zealand, an increased shareholding in gas distributor Northern Gas Networks in England and Stanley Power's six power plants in Canada helped drive earnings abroad 41.6 per cent higher to HK$1.02 billion. The strong overseas growth disguised a meagre 4.16 per cent rise ...




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