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State Power Investment Corporation Volver

[Basic Information]

State Power Investment Corporation (SPIC) was established in May 2015 through the merger of China power Investment Corporation and State Nuclear Power Technology Corporation.

SPIC has been a Fortune Global 500 company for five consecutive years, ranking 342nd in 2016. It has a registered capital of RMB 45 billion (USD 6.49 billion), total assets of RMB 876.1billion (USD 126.3 billion), and employees of 140,000. It holds nine listed companies, two of which are red chip companies traded in Hong Kong while the other offer A-shares in mainland China.

[Business]

SPIC has a total installed capacity of 120 GW, including 71.457GW of thermal power, 21.7GW of hydropower, 4.4752 GW of nuclear power, 10 GW of solar power and 12.6 GW of wind power, with clean energy accounting for 44% of the total, demonstrating a distinctive clean development feature. It supplies 380.79 TWh of power and 144 million GJ of heat per annum. It also owns a coal production capacity of 80.4 million tons per year (t/y), aluminum smelting capacity of 2.49 million t/y and railway transportation line of 331 km.

SPIC owns a number of nuclear power plants (NPPs) under construction or operation, such as Hongyanhe NPP in Liaoning Province, and Haiyang and Rongcheng NPPs in Shandong Province. It has also reserved several project sites in both inland and coastal areas of China.

SPIC is committed to global businesses. It has presence in 36 countries (regions) such as Japan, Australia, Malta, India, Turkey, Pakistan, Brazil and Myanmar, with businesses covering power project investment, technical cooperation, EPC, etc. SPIC has 1,260 MW of controllable overseas projects in operation and 10.05 GW under construction.