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 Holdings, the larger of Hong Kong’s two power utilities, will pause investing in Australia, where it faced multiple set-backs, but is preparing to build a major coal-fired power plant in India where it booked losses in earlier years due to fuel shortages.Thursday, 26 February, 2015, 6:33pm
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 2004.18 Dec 2014 - 4:02am 4 comments
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
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
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
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
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
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 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 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 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 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, 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
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
Putting a price on CLP's fuel costs and environmental emissions caps11 Jul 2012 - 12:00am