Power Construction Corporation of China
Logo of the Corporation | |
Trade name | PowerChina |
---|---|
Native name | 中国电力建设集团有限公司 |
Company type | State-owned enterprise |
Traded as | SSE: 601669 |
Industry | Heavy & Civil Engineering Construction Industry |
Founded | 2009 |
Headquarters | Beijing , China |
Area served | Worldwide |
Key people | Yan Zhiyong |
Services | Power construction |
Revenue | US$ 97.0 billion (2023)[1] |
Net income | US$ 776 million (2023)[1] |
Total assets | US$ 198.7 billion (2023)[1] |
Owner | State Council of China (100%) |
Number of employees | 184,567 (2023)[1] |
Subsidiaries | 779 companies including Sinohydro, HDEC, SEPCO and SEPCO3 |
Website | en.powerchina.cn |
Power Construction Corporation of China, branded as PowerChina, is a wholly State-owned company administered by the State-owned Assets Supervision and Administration Commission and part of the heavy and civil engineering construction industry. PowerChina consists of 779 companies. In 2020, PowerChina ranked 157 among Fortune Global 500 companies and 41 among Top 500 Enterprises of China.
PowerChina overseas brands include Sinohydro, HydroChina, HDEC, SEPCO and SEPCO III. PowerChina has involvement in over 100 countries including involvement in projects such as
- HydroChina Dawood Wind Power Project, Pakistan
- Nam Ou river cascade dams, Laos
- Dau Tieng Solar Power Project, Vietnam
- Melaka Gateway, Malaysia
- Lamu Coal Power Station, Kenya
- Ayago Hydroelectric Power Station, Uganda
- Kiba Hydroelectric Power Station, Uganda
- Merowe Dam, Sudan
- Pwalugu Hydroelectric Power Station, Ghana
- Pakistan Port Qasim Power Project
- Zimbabwe-Zimbabwe Plant[2]
- Upgrade of Highway 2, Israel
Involvement with projects within China includes the Three Gorges Project, Zouxian Power Station, Longyuan Rudong Intertidal Wind Farm and the Beijing–Shanghai high-speed railway.
In November 2020, Yan Zhiyong, chairman of the PowerChina, as well as Chinese state media, announced the construction of a "super" dam on the Yarlung Zangbo, three times larger than the current largest hydroelectric project in the world, also Chinese, the Three Gorges Project.[3]
References
- ^ a b c d "PowerChina". Fortune Global 500. Fortune. Retrieved 2024-08-24.
- ^ "GE, PowerChina Set to Build $4 Billion Zambia-Zimbabwe Plant". Industry Week. 21 June 2019. Retrieved 2021-08-30.
- ^ Patranobis, Sutirtho (2020-11-29). Janardhanan, Vinod (ed.). "China to build a super dam on its part of Brahmaputra river". Hindustan Times. Retrieved 2020-12-11.
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