Introduction to Enerchina Holdings Limited
Enerchina Holdings Limited (Stock Code: 622.HK, "Enerchina" or "The Company") is a clean energy and public utility developer. Its main businesses include power generation, city gas distribution and other clean energy investment. Other than Mr. Ou Yaping, Warburg Pincus, one of the world's largest venture investment funds is also a major shareholder of Enerchina.
Shenzhen Fuhuade Power Plant, a wholly owned subsidiary of Enerchina, was jointly established in 1994 by Shenzhen Power Supply Bureau and Sinolink. At present it has three generator sets with a combined output of 665 Megawatts. The power plant is situated 8 kilometers away from the Guangdong liquefied natural gas terminal. This strategic location positions the plant well for converting to using natural gas as its main fuel source in the future. Plans are underway to expand the overall capacity to 1400 Megawatts approximately once conversion to natural gas is completed.
In addition to electric power supply, Enerchina Holdings also works in natural gas distribution, pipeline network construction, transportation, storage, wholesale and retail through its associate company, Towngas China Company Limited (formerly