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  1. Top court rules for Hongkong Electric on rates

    Posted Jun 22nd 2011, 12:00am

    ... Chris Ip chris.ip@scmp.com The Court of Final Appeal handed a major victory to Hongkong Electric yesterday. The top judges unanimously ruled that government rates did not have to be paid on properties under construction. The court overturned a Court of Appeal decision that Hongkong Electric had to pay rates for the year 2004 on 22 hectares of land intended for a power plant on Lamma ...

  2. HK Electric parent's profit up on UK assets

    Posted Jul 28th 2011, 12:00am

    ... Denise Tsang Denise.tsang@scmp.com Power Assets Holdings, formerly Hongkong Electric Holdings, is hunting for more overseas investments after recently acquired energy businesses catapulted ... by the Li Ka-shing Foundation. It was bought from Electricite de France last October for HK$70 billion. In Hong Kong, the earnings of Power Assets' electricity supply unit, Hongkong Electric ...

  3. Exco plea to power firms to cut rises

    Posted Dec 14th 2011, 12:00am

    ... rises are 'excessive' and fear they could accelerate inflation. Hongkong Electric said it had responded to the government's appeal by announcing a 6.3 per cent increase. It would ... CLP could consider following Hongkong Electric's example of delaying the recovery of its fuel costs from consumers. But CLP said its costs, which will rise from HK$4 billion to HK$12 ...

  4. Pull plug on power duopoly, Tang says

    Posted Dec 23rd 2011, 12:00am

    ... to plummet. But whether breaking up the power monopoly, controlled by Hongkong Electric and CLP Power, would go as smoothly seems unlikely, as studies have concluded. The two utilities control ... Power's increase on electricity prices, after cutting the rise from 9.2 per cent on Wednesday. Hongkong Electric's rise will be 6.3 per cent ...

  5. Take the shock out of electricity bills

    Posted Dec 16th 2011, 12:00am

    ... The sharp rise in electricity tariffs announced by the two power companies this week will hit the community hard at a time of relatively high inflation and economic uncertainty. The increases of 9.2 per cent for CLP Power and 6.3 per cent for Hongkong Electric are very steep. But there is little the government can do except issue a plea to the social conscience ...

  6. HK Electric changes name to reflect more global ambition

    Posted Feb 17th 2011, 12:00am by Denise Tsang

    ... Denise Tsang Hongkong Electric Holdings, which yesterday cast away its old brand name for the more international-sounding Power Assets Holdings, says it has Britain's second-largest ... Hongkong Electric symbol. The company's international business, which comprises 21 projects in power production and distribution and gas distribution, is expected to account for at least half ...

  7. Hong Kong should let market forces keep the price of its electricity down

    Posted Dec 29th 2011, 12:00am

    ... Mike Rowse I would be delighted to be paying the proposed new CLP Power tariff of 101.1 cents per kilowatt-hour for my electricity. I would still have been happy to pay its original proposed tariff of 102.8 cents. But I won't get the chance. Instead, I, like all the other residents of Hong Kong Island, will be paying the 131.1 cents demanded by Hongkong Electric- that is, ...

  8. Station cuts hours off time to recharge electric cars

    Posted Jun 25th 2011, 12:00am

    ... Several car parks have already sent us inquiries.' A spokesman for Hongkong Electric said: 'Our purchase of a suitable charging system ultimately depends on our evaluation of potential ... Martin Cheung martin.cheung@scmp.com The first made-in-Hong Kong charging station for electric vehicles has been unveiled, with its makers claiming it can recharge a suitable car ...

  9. CLP's unequal electricity rates rob the poor to benefit the rich

    Posted Feb 25th 2011, 12:00am by Staff Reporter

    ... robbing the poor to benefit the rich. We found that Hongkong Electric has a similar unequal system, providing discounts for users that have extremely high energy loads. However, based ... Greenpeace has revealed that CLP Power charges different electricity rates to different groups of people ('Small power users pay more than big users', February 17). While Hong ...

  10. Hopes high of finding 25 Hongkongers still missing

    Posted Mar 15th 2011, 12:00am by Danny Mok, Martin Wong

    ... Twenty-five Hongkongers still in Japan had not been located by late yesterday, three days after the massive earthquake and devastating tsunami struck the island nation. The Hong Kong ... students to leave. 'I made a decision to return,' Bob Lee, a Hongkonger who has been studying Japanese politics at a university in Tokyo for the past three years. He was at Tokyo's ...




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