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China Datang plans to explore African power

Business | Energy
2009-1-9

CHINA Datang Corp, the Chinese power producer with investments in Laos, Cambodia and Kazakhstan, plans to explore the African market as the global financial crisis slows domestic demand for electricity. China's...

Yes to wind farm

Business | Energy
2009-1-1

CHINA Datang Corp, the nation's second-biggest power producer, has received state permission to build a 4.5-billion-yuan (US$659 million) wind farm. The National Energy Administration approved a proposal to construct...

Energy costs to hit SOE profits

Business | Macro-economy and policy
2008-12-21

PROFITS from China's state-owned enterprises (SOEs) administered by the central government are expected to drop 20 percent from last year because of higher energy prices. The central SOEs would earn a total of...

Power Producers Fined Over Excessive Emissions

Business | Energy
2008-11-6

FOUR of China's five biggest power producers have been fined for emitting excessive amounts of sulfur dioxide last year. Seven coal-fired power plants in Henan, Guangdong and Guizhou provinces and Chongqing Municipality...

Electricity producer fails to hit targets

Business | Energy
2008-10-18

CHINA Datang Corp, the nation's second-largest power producer, may miss its full-year output target due to slowing demand growth and delayed expansions. Production in the third quarter has lagged behind previously...

Cambodia project

Business | Energy
2008-6-3

CHINA Datang Corp, parent of the biggest Chinese electricity producer listed in Hong Kong by market value, started the construction of a US$360 million hydropower plant project in Cambodia. The plant will have a...

Electricity sparks profits

Business | Energy
2008-1-24

GD Power Development Co, a unit of one of China's five largest electricity producers, said yesterday that profit last year surged 68 percent as the company increased output to meet demand in the world's fastest-growing...

State resists pressure to raise power prices

Business | Energy
2007-7-26

CHINA probably won't raise its electricity prices in the near term, despite repeated requests from major power firms for a rise to cover higher coal costs, a government official said yesterday. This highlights...

Talks on power plant project

Business | Energy
2007-6-20

CHINA Datang Corp, parent of the second-largest Chinese generator listed in Hong Kong, is in talks with Chifeng Dadi Basic Industry Co to set up a 3.5-billion-yuan (US$459 million) power plant, Bloomberg News said. ...

Power companies make big profits

Business | Energy
2007-3-7

CHINA'S five biggest power companies had combined profits of 26.4 billion yuan (US$3.4 billion) last year as prices increased and they expanded capacity. Total profits at China Huaneng Group, China Datang Corp,...