Company News

Group Director and CLP Power Vice Chairman Mrs Betty Yuen announces our 2017 annual results

CLP Performs Strongly in 2017

CLP Holdings announced its 2017 annual results on 26 February. The Group continued to perform well with a 7.9% year-on-year increase in operating earnings and a 12.1% rise in total earnings. The strong results reflect the strength of the Group's diverse portfolio and balance across businesses.

2017 Annual Report is now available on CLP Group website

Catch Up on Our Annual Report Now

The CLP Group’s 2017 Annual Report is now available on our website. You can also read a concise snapshot of the report, giving you an overview of the key points in the full report.

The report provides stakeholders with an in-depth analysis of CLP and power industry. It includes detailed information about our performance, including our financial achievements, our development strategies across different markets, our outlook, and CLP’s corporate governance efforts.

Our 2017 Sustainability Report is meanwhile available at a new dedicated website. Prepared according to the GRI Standards, the report summarises our sustainability goals, efforts, and performance. An In Essence report highlighting the key areas of the sustainability report is also available.

The 100MW Veltoor Plant in Telangana is CLP India’s first solar power generation project

CLP India Sets Bright New Standards in Solar Power

CLP India has commissioned its first solar project in Telangana state, marking an important step forward for the development of renewable energy in India. Using best-in-class tracking technologies, the 100MW Veltoor Solar Power Station is the first by the CLP Group certified by Norway’s Det Norske Veritas, a world recognised quality seal that demonstrates the quality and long-term performance of the project. This certification helps set new standards for the country’s solar power industry.

CLP has acquired 17% of Yangjiang Nuclear in Mainland China

CLP Takes Stake in Mainland China Nuclear Plant

CLP Group completed the acquisition of a 17% equity interest in Yangjiang Nuclear Power Co., Ltd. from CGN Power in December 2017. The transaction lifted the group’s low-carbon investment and strengthened CLP’s long-standing relationship with CGN Power.

Yangjiang Nuclear Power Station in Guangdong comprises six 1,086MW generation units, four of which are in commercial operation. The remaining two are under construction and expected to go into service in 2018 and 2019.

Our ingenious engineers dug deep and won international and local BIM awards for their work on the CLP Power Tunnel Project

Tunnel Project in Hong Kong Wins High Praise

The Kai Tak Cable Tunnel in Hong Kong was completed in January 2017, providing vital infrastructure support for the Kai Tak Development Area. Its outstanding design has been acknowledged both locally and internationally in Autodesk Hong Kong BIM Awards 2017 and the Best BIM Facility Management Award in the BuildingSMART International Awards.