State Power Investment Corporation Limited (SPIC)

State Power Investment Corporation Limited (SPIC) was established in June 2015 through the merger of China Power Investment Corporation and State Nuclear Power Technology Corporation. Incorporating a State-owned capital investment company, SPIC is striving to become a pioneer in SOE transformation through building a new group with high standards and a sound foundation.

SPIC, an integrated energy group with power as its core, is one of China’s top five power generators. It has an installed capacity of 120 gigawatts (GW), consisting of 71.76 GW of thermal power, 22.02GW of hydropower, 4.48 GW of nuclear power, 10.13 GW of solar power and 12.71 GW of wind power, 44 percent of which is distinctively clean energy. It supplies 422.61 billion kw/hr of power and 144 million GJ of heat annually. It also owns a coal production capacity of 78.6 million tons per year (t/y), aluminum smelting capacity of 2.54 million t/y and a railway transportation line of 627 km.

Being one of China’s three nuclear power developers and operators, SPIC owns a number of nuclear power plants (NPPs) under construction or in 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 the main entity, carrier and platform for the self-reliant innovation of Gen III nuclear power technology, and the leading entity for the national science and technology major project of large-scale advanced pressurized water reactors (PWR). Enjoying a full industrial chain and strong technological capabilities in the R&D, design, construction, operation and management of NPPs as well as the manufacturing of nuclear power equipment and materials, it pursues the noble goal of self-reliant innovation, industrialization and internationalization of China’s Gen III nuclear power.

SPIC has been a Fortune Global 500 company for five consecutive years, ranking 368th in 2017. It has registered capital of 45 billion yuan ($ 6.49 billion) and total assets of 1,001 billion yuan. It holds nine listed companies, two of which are red chip companies traded in Hong Kong while five offer A-shares in mainland China.

SPIC is committed to global businesses. It has a presence in 41 countries such as Japan, Australia, Malta, India, Turkey, South Africa, Pakistan, Brazil and Myanmar, with businesses covering power project investment, technical cooperation, and EPC.

Looking forward, SPIC is committed to implementing the central government’s strategic plan of deepening the reform of SOEs and restructuring nuclear energy enterprises. By expanding its energy markets at home and abroad, SPIC intends to become an international innovative and integrated energy group and modern SOE driven by innovation of nuclear power and other advanced energy technologies and focused on clean energy development. Its objective is to become a state-owned capital investment company.

Contact

Address: Building 3, No 28 Financial Street, Xicheng District, Beijing

Postcode: 100033

Tel: +86-10-66298000

Website: https://eng.spic.com.cn/