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  • September 2, 2014
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  1. Business - Companies - EARNINGS

    CLP's first-half profit jumps 22pc on year to HK$4.8 billion

    Posted Aug 14th 2014, 01:13pm by Eric Ng

    ... Territories and Lantau booked HK$4.77 billion for the six months to June 30, compared with HK$3.9 billion for the same period last year. A HK$2 billion one-off gain from the acquisition of stakes ...

  2. Evidence points to a wink and a nod for CLP's Soko plan

    Posted Sep 06th 2006, 12:00am by Staff Reporter

    ... The Green Lantau Association has monitored CLP Power's proposal to build a liquefied natural gas terminal in Hong Kong waters with growing disquiet. Amazed and fearful ... was the proposed marine park designation aborted at the time CLP Power began its study? Why was an LNG terminal on the Sokos expressly mentioned in the government's 2004 Lantau Concept Plan (the only ...

  3. CLP must start thinking outside the box on gas terminal site

    Posted Jun 22nd 2007, 12:00am by Staff Reporter

    ... in mainland authorities dredging a new waterway at Tonggu, east of Lantau Island, passing almost directly by Black Point. However, CLP Power said the Tonggu channel would not suit their biggest ...

  4. Business - Companies - EARNINGS

    CLP looks to cut Australian capacity as profits drag

    Posted Aug 13th 2013, 12:00am by Eric Ng

    ... and Lantau posted a 12.2 per cent year-on-year net profit gain to HK$3.77 billion for the year's first six months. This compares with analysts' estimates of gains of 19 per cent to 24 per ...

  5. Here's a thought for our distant leaders: it's not OK

    Posted Jan 20th 2007, 12:00am by Staff Reporter

    ... unabated. Oh, and did I mention the air? ROBERT CLARK, Lantau The public consultation on CLP Power's proposal to build a terminal on the Sokos should be extended to give people more time ...

  6. HK-mainland group in CAPCO takeover talks

    Posted Mar 16th 2012, 12:00am

    ... the city's power market. CAPCO owns three power plants in Castle Peak and Black Point in Tuen Mun, as well as Penny's Bay on Lantau. The plants have a combined generation capacity of 6,908 ... in Kowloon, the New Territories and Lantau. The potential deal marks the second attempt by mainland state-owned power firms to break into the city's market that is dominated by CLP Power ...

  7. CLP losing power with the people over tariffs

    Posted May 15th 2012, 12:00am

    ... Denise Tsang denise.tsang@scmp.com Growing risks about the profitability of CLP Holdings' core electricity supply to Kowloon, the New Territories and Lantau has raised doubts about its reputation as a safe haven for investment. Despite its century-old dominance in supplying electricity to 80 per cent of Hong Kong's population, CLP faces growing and formidable ...

  8. Officials must kick out CLP's plans for extra spending

    Posted Apr 05th 2008, 12:00am by Staff Reporter

    ... unpopular and unnecessary liquefied natural gas plant on South Soko Island, we can no doubt look forward to endless roadworks up and down the length of Lantau and the New Territories, upgrading ... It is to be hoped that the department will take an axe to CLP Power's more extravagant capital expenditure proposals. The LNG plant is top of the list for the chop, in my view. John Schofield, Lantau ...

  9. CLP Power seeks 2.8pc rise in tariff

    Posted Nov 23rd 2011, 12:00am

    ... Cheung Chi-fai chifai.cheung@scmp.com The city's biggest power supplier has proposed increasing the electricity tariff by more than 2.8 per cent for next year, citing rising fuel prices and inflation in material costs. CLP Power, which has 2.3 million users in Kowloon, the New Territories and Lantau, is also reviewing its tariff structure for non-residential users, who ...

  10. CLP urges fast OK for gas plant

    Posted Apr 25th 2007, 12:00am by Denise Tsang

    ... billion liquefied natural gas processing plant on Lantau, dismissing criticism the project is unnecessary and an environmental hazard. After the annual shareholders' meeting of CLP yesterday, ... with a possible opportunity to sell spare LNG. They maintain that without risking Lantau's environment, the clean fuel could be sourced from Shenzhen or Zhuhai where mainland oil giants plan to build ...




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