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  • November 25, 2014
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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. Results

    Posted Mar 06th 2008, 12:00am by Staff Reporter

    ... Today Interim: Sun Hung Kai Properties 3rd Quarter: Karrie International Holdings Final: Chi Cheung Investment, Delta Networks, HannStar Board International Holdings, Hongkong Electric Holdings, Hutchison Harbour Ring, Pacific Century Premium Developments, PCCW, Swire Pacific, Tan Chong International Tomorrow Interim: Kai Yuan Holdings Final: Beijing Capital Land, Chinese Estates ...

  4. Scrap, not renew, scheme of control

    Posted Jan 09th 2008, 12:00am by Tom Holland

    ... to 10 per cent, from 13.5 per cent for CLP and from 15 per cent for Hongkong Electric. According to officials, that means we can all expect a 10 per cent cut in our electricity bills at some point over the next year. Big deal. Considering that CLP just hiked its charges by 4.5 per cent and Hongkong Electric by 6 per cent, the promised cut, if it materialises, will leave consumers ...

  5. Cheaper bills

    Posted Dec 18th 2008, 12:00am by Staff Reporter

    ... The restaurant trade and lighting and electrical appliance shops on Hong Kong Island have said Hongkong Electric's tariff cut of 5.9 per cent is too small. Do you think these firms have a point? Write to us. ...

  6. Cheung Kong unit to invest in Queensland

    Posted Jan 26th 2008, 12:00am by Denise Tsang

    ... Infrastructure Holdings (CKI), and its associate, Hongkong Electric Holdings, were the investors, based on their track record of providing electricity transmission services in the country. The Queensland ... option to profit-challenged CKI and Hongkong Electric. Hongkong Electric, in which CKI has an about 37 per cent stake, will have its asset-based return on its core electricity supply to Hong Kong ...

  7. 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 ...

  8. 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 ...

  9. 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 ...

  10. 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 ...




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