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  1. Hongkong Electric invests in mainland wind farm projects

    Posted Nov 03rd 2008, 12:00am by Denise Tsang

    ... Denise Tsang Hongkong Electric Holdings, the power supplier controlled by Li Ka-shing, has made its first investments on the mainland to capitalise on the country's rising demand ... cost of the two projects at 780 million yuan (HK$883 million) or 8 million yuan per MW, said Hongkong Electric was the latest utility after CLP Holdings and Hong Kong & China Gas to take ...

  2. Huaneng, HK Electric target Singapore plant

    Posted Jan 07th 2008, 12:00am by Staff Reporter

    ... Tim LeeMaster Huaneng Power International, the mainland's largest power company, and Hongkong Electric, the smaller of Hong Kong's two electricity producers, are among four ... that it expected to have Tuas sold by March. Both Huaneng and Hongkong Electric were looking at financing US$1.5 billion of the deal with loans, the sources said. Spokesmen at Huaneng, Hongkong Electric ...

  3. Electricity bills may not drop as much as companies' cut in earnings

    Posted Jan 08th 2008, 12:00am by Denise Tsang

    ... bills will drop accordingly. CLP Holdings and Hongkong Electric Holdings will have the return of their earnings on electricity supply slashed to 9.99 per cent from 13.5-15 per cent return on net ... accomplished its three main missions - slashing the utilities' return to a single digit, lowering emissions and paving the way for an open market. CLP and Hongkong Electric also accept ...

  4. HK Electric hits permitted return as interim earnings climb to HK$4.8b

    Posted Mar 07th 2008, 12:00am by Staff Reporter

    ... Neil Gough Hongkong Electric Holdings managed last year to achieve its government-permitted return for the first time in five years- and possibly for the final time. The power supplier ... is unlikely to continue to reap the same windfalls in the future. The existing scheme of control agreement that allows duopoly power providers Hongkong Electric and CLP Holdings to earn a return of up ...

  5. HK Electric unlikely to match CLP tariff cut

    Posted Dec 15th 2008, 12:00am by Staff Reporter

    ... Cheung Chi-fai The cross-harbour power tariff gap appears unlikely to be narrowed much, with Hongkong Electric expected to offer only a small cut, government and industry sources say. Officials will report to lawmakers tomorrow on the results of the review of power tariffs and the development plan for Hongkong Electric under a new regulatory regime that has reduced ...

  6. HK Electric banks on overseas investments to offset profit drop

    Posted May 16th 2008, 12:00am by Denise Tsang

    ... Denise Tsang Hongkong Electric Holdings expects the profit of its mainstay power supply services on Hong Kong and Lamma islands to decline next year when a new regulatory regime takes ... because the subprime lending crisis made fund-raising difficult.' Hongkong Electric, which sold 1.8 per cent more electricity in Hong Kong in the first three months of this year, will have ...

  7. Just assume HK Electric cares more about the environment

    Posted Jan 03rd 2008, 12:00am by Jake Van Der Kamp

    ... the Hongkong Electric Company for having taken the initiative in this matter by raising its electricity tariffs to such an extent as to reduce wasteful electricity consumption. I must assume ... the decimal. Astounding, isn't it? Where CLP is this year to charge its customers 91.1 cents per kilowatt hour, Hongkong Electric's tariff will be 127.4 cents. You may wonder why ...

  8. HK Electric eyes tariff rise as net leaps 17.9pc

    Posted Aug 06th 2008, 12:00am by Denise Tsang

    ... Denise Tsang Hongkong Electric Holdings yesterday warned it might raise tariffs to offset stubbornly high fuel prices, even though the utility's net profit jumped 17.92 per cent ... pressure on tariffs,' he warned. Hongkong Electric and its peer CLP Holdings regularly review their tariffs in December of each year. Some analysts said Hongkong Electric was likely ...

  9. Electricity firm to cut prices in new year

    Posted Oct 24th 2008, 12:00am by Danny Mok

    ... the government and Hongkong Electric that take effect on January 1. The power company's group managing director, Tso Kai-sum, said yesterday that the company was in talks with the government ... users could reach HK$5 billion a year under the new arrangements. Mr Yau said then that tariffs would have to fall, adding that the government was in talks with Hongkong Electric on the new ...

  10. Freer electricity market on way: secretary

    Posted Jan 09th 2008, 12:00am by Staff Reporter

    ... Power and Hongkong Electric. It slashes their allowed return on assets to just under 10 per cent and has been tipped to bring savings of up to HK$50 billion a year to consumers. Mr Yau said ... or if it should be statutory. One of the top priorities was to sort out whether it was necessary to separate the operation of power transmission and generation. CLP Power and Hongkong Electric ...




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