• Tue
  • Dec 23, 2014
  • Updated: 12:33pm

CLP Group

CLP Group (its holding company is CLP Holdings Ltd) is an electricity company in Hong Kong with businesses in a number of Asian markets and Australia. Incorporated in 1901 as China Light & Power Company Syndicate, its core business remains electricity generation, transmission, and retailing.

CLP Power accused of double standards in setting domestic and commercial tariffs

CLP Power has been criticised for double standards in setting tariffs. Photo: Felix Wong

The city's largest electricity supplier has been criticised for double standards in setting tariffs after Greenpeace found a significant rise in residential charges but a small reduction in commercial tariffs since 2004.

Thursday, 18 December, 2014, 4:02am 4 comments

CLP Power cuts back its tariff increase for next year to 3.1pc

CLP consumers could still face big tariff rises. Photo: SCMP

The city's largest power supplier will increase its tariff for next year by 3.1 per cent - far lower than the projected 11.8 per cent put forward in its development plan.

17 Dec 2014 - 8:06am 6 comments

CLP says power rate rise won't be as bad as forecast

Utility says power rate rise won't be that bad

Electricity supplier CLP Power has confirmed that the rate of increase in power tariffs will be "far lower" than that forecast in a five-year report submitted to the government last year.

28 Nov 2014 - 9:20am

Hot summer sees Hong Kong lead way in CLP electricity sales

CLP’s sales to the residential sector in Hong Kong grew 10.5 per cent due to a higher heating and dehumidifying load in the first quarter and an increased cooling load in the second and third quarters. Photo: Sam Tsang

CLP’s electricity sales in the first nine months of the year to Hong Kong and mainland China increased 2.7 per cent year on year to 26,613 gigawatt-hours (GWh), the power supplier said on Monday.

20 Oct 2014 - 2:08pm

Smaller rise in power rates next year, says CLP

Smaller rise in power rates next year, says CLP

More than two million power users in the New Territories and Kowloon can expect a smaller tariff rise next year than had been forewarned, CLP Power says.

15 Aug 2014 - 8:19am

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

CLP booked HK$4.77 billion for the six months to June 30. Photo: Sam Tsang

Shares of CLP Holdings gained 1.2 per cent to HK$65.45 yesterday after it posted a 22.4 per cent rise in first-half net profit and said it would need to increase prices by less than previously expected next year to meet the cost of new emission caps.

15 Aug 2014 - 12:35am

Energy company hopes knowledge is less power

A two-year pilot scheme involving 56,000 households was launched this month by electricity supplier CLP Power in the hope of spurring a reduction in energy use. Photo: Oliver Tsang

Households across Kowloon and the New Territories are about to find out how energy efficient they are in relation to their neighbours.

31 Jul 2014 - 4:41am

Old flats get priority in CLP's green-energy fund

Old flats get priority in CLP's green-energy fund

Old residential buildings without clubhouses and with owners' groups will get priority for funding from a green-energy project set up by the city's largest power supplier.

13 Jun 2014 - 4:48am

CLP looks to cut Australian capacity as profits drag

CLP's incoming chief Richard Lancaster (left) and incumbent Andrew Brandler present the first-half results yesterday. Photo: Dickson Lee

CLP Holdings may temporarily cut or mothball some of its generation capacity in Australia to counter an industry oversupply that dragged down the power producer's first-half profit.

13 Aug 2013 - 4:01am

CLP may raise fees amid earnings squeeze

CLP chief executive Andrew Brandler says the company will be "very cautious" about further investment in India. Photo: Dickson Lee

CLP Holdings may propose another tariff rise in Hong Kong by the end of the year, as big losses in its overseas investments squeeze earnings and a new gas supply contract due to be signed next year triples fuel costs.

15 Aug 2012 - 1:33am

CLP's stockpiling of diesel spurs cost fears

CLP Power is reportedly stockpiling costly diesel as a contingency for fuel, as it needs several months to repair its Castle Peak coal power plant that was damaged by Typhoon Vicente late last month.

That has sparked concerns of a possible rise in the electricity tariff due to higher fuel costs. A concern group is urging the government to release more information.

15 Aug 2012 - 11:07pm

Power Assets expects lower fuel charges

Power Assets, a unit of tycoon Li Ka-shing's flagship Cheung Kong, (Holdings), says a recent fall in coal prices will help relieve customers' burdens, after it posted a 6.8 per cent rise in first-half profit.

The company's net profit amounted to HK$4.33 billion in the first six months, up from HK$4.06 billion in the same period a year ago.

20 Jul 2012 - 12:00am

CLP offers power to its people

While some companies operate on the premise that employees must provide outstanding services in return for their monthly pay, CLP believes good service is not only about money.

Andy Luk, senior human resources manager at CLP Power, says it is not even about training, although that is also very important - instead, it is about staff engagement.

20 Jul 2012 - 12:00am

Lai See

Putting a price on CLP's fuel costs and environmental emissions caps

11 Jul 2012 - 12:00am

Letters

Paying for what you want to hear

I refer to the letter by Director of Public Prosecutions Kevin Zervos ('Prosecution processes accountable', May 9), in reply to the article by Grenville Cross ('Too hot to handle', May 4).

18 May 2012 - 12:00am

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