CLP Holdings chief executive Richard Lancaster said new electric meters means the company will avoid having to build around 300MW of generation capacity. Photo: Roy Issa

Hong Kong electric utility CLP Holdings looks to next generation ‘smart’ meters, solar projects in China, India

  • Hong Kong’s biggest power utility plans to invest HK$2 billion on ‘smart’ electric meters which will help curb the need to build more capacity
Topic |   CLP Group

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CLP Holdings chief executive Richard Lancaster said new electric meters means the company will avoid having to build around 300MW of generation capacity. Photo: Roy Issa
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A worker on a transmission pole during an implementation programme by the Rural Electrification Corporation in the village of Manpur Kulchaura in India’s Uttar Pradesh state on January 15, 2017. Photo: Bloomberg

CLP Holdings shares fall after 2018 net profit misses estimates

  • CLP shares fall 3.2 per cent in Hong Kong
  • Net profit fell 4.9 per cent last year to HK$13.55 billion, due to a substantial asset impairment in India
Topic |   CLP Group

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A worker on a transmission pole during an implementation programme by the Rural Electrification Corporation in the village of Manpur Kulchaura in India’s Uttar Pradesh state on January 15, 2017. Photo: Bloomberg
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