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.
As we prepare to greet the new year, it is almost certain it will bring financial hardship for many, especially with the imminent tariff increases from CLP Power from January 1.Friday, 20 December, 2013, 4:02am
Green groups are calling on electricity supplier CLP Power to dole out HK$300 million in subsidies each year for the next five years to help consumers reduce their energy usage by 1 per cent.13 Aug 2013 - 9:57am 1 comment
It sounds like an engineer's pipe dream - a 9,000-kilometre-long pipeline stretching from Turkmenistan in Central Asia to Hong Kong and bringing energy to the homes of more than 500 million people along the way.16 Jun 2013 - 4:07am 1 comment
Analysts may have expected CLP to report better earnings this year but the power supplier's performance in the first quarter remained dim. Total amount of electricity sold in Hong Kong and on the mainland was down 4.2 per cent to 6,655 gigawatt-hours in the three months to March amid dwindling demand from both local households and Guangdong Power Grid, which turned to rely more on other supply bases.21 May 2013 - 5:14am
The city's largest electricity supplier has won an appeal over tax valuations that might involve hundreds of millions of dollars overcharged by the government.25 Apr 2013 - 4:04am
Greenhouse gas emissions in Hong Kong have fallen slightly due to a switch to cleaner fuel by power companies, the latest official figures show.
But green groups say there is still room for improvement in the emissions per person and the government should think of more ways of saving energy to bring these down further.17 Apr 2013 - 4:05am
The financial secretary's latest budget responded, as usual, to public sentiment by offering various "candies" to the people, including another round of electricity subsidies.19 Mar 2013 - 4:25am
A green group has called for a reform of the bonus system which rewards power firms for achieving energy-saving targets under the regulatory regime. The call came after Friends of the Earth found out that CLP Power pocketed an estimated HK$17 million bonus a year under the system set out in the scheme of control.22 Feb 2013 - 3:44am
Environment officials tried yesterday to ease fears of drastic electricity price increases in the next few years, saying the city might not need to double the amount of natural gas used by 2015 as was previously predicted.9 Jan 2013 - 5:17am
Friends of the Earth successfully mobilised the public to save 52 million kilowatt-hours (kWh) in three months in our Power Smart contest while Hongkong Electric has failed to save as little as three million kWh.
Secretary for the Environment Wong Kam-sing said that there is not much room for adjustments in the interim review of the Scheme of Control Agreements this year.7 Jan 2013 - 2:36am