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| Brief Introduction
to Anhui Energy Group Co. Ltd |
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Approved by Anhui provincial government, Anhui
Energy Group Co. Ltd. was established as a large
state-owned enterprise with the function of administration
and investment operation. It is both a special organization
of local power management and the representative
for power and energy industry at provincial level.
It is responsible for raising, operation and management
of funds (including utilizing foreign funds) for
provincial power and other energy construction.
On behalf of the provincial government, it participates
in and takes responsibility for the investment and
management of power programs, operating capital
and assets.
Approved by the provincial government in November
1985, Anhui Provincial Power Generation Company,
former organization of Anhui Energy Group Co. Ltd,
was founded to generate power. At present, it possesses
registered capital of 4232million yuan, installed
capacity of 1.987mkw, annual generated power 9.2bkwh.
The power programs which the company invest in shares
include the 3rd phase of Wuhu Power Plant (2*125mw),
Luoneng Power Co., Ltd. (2*300mw), Ma¡¯anshan Wan¡¯nengda
Power Co., Ltd. (2*300mw), Xianghongdian Pumping
Water and Storing Energy Co. (2*40mw), Huaibei Xingli
Power Plant (1*200mw), Hefei United Power Plant
(2*350mw), the 1st phase in Luohe Power Plant (2*300mw),
Tongling Shen¡¯neng Power Co. (1*300mw), Anhui Power
Co. (790mw), Huadong Tianhuangping Pumping Water
and Storing Energy Co. (6*300mw), the 2nd phase
of Qingshan Nuclear Power Station (2*600mw). The
power programs under construction include Anqing
Wanjiang Power Co. (2*300mw) and Langyashan Pumping
Water and Storing Energy Co. (4*150mw).
The subordinate list company, Anhui Wan¡¯neng Co.
Ltd., which was solely sponsored and controlled
by the corporation, was honored respectively as
¡°one of the top 100 strongest list companies in
China¡±, ¡°one of the top 1000 strongest list companies
in East Asia¡±, ¡°excellent performance company on
the list of Shenzhen Stock Exchange¡±, excellent
enterprise in Anhui province¡±. By the end of 2002,
its total assets had reached 2.6 billion yuan, among
which, net assets 2.3billion yuan. The power programs
in which Wan¡¯neng Co. Ltd. has invested in the form
share holding and participating include the 3rd
phase of Tongling Power Plant (2*125mw), Ma¡¯anshan
Power Plant (2*125mw), the 3rd phase of Hefei Power
Plant (1*150mw), Huaibei Guoan Power Company (2*300mw),
Ma¡¯anshan Wan¡¯nengda Power Company (2*300mw).
During ¡°the tenth five-year plan¡±, the Corporation
will achieve the economic goal ¡°1211¡±, i.e. total
assets 10 billion yuan, installed capacity 2mkw,
annul generated power 10 billion kwh and annul profit
tax 1 billion yuan.
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