State Power Investment Corp Ltd (SPIC) is a state-owned energy company that generates, distributes and sells electricity. It constructs, operates and maintains nuclear power, thermal power, hydro and solar power plants. The company offers services such as project management, operation and maintenance of power plants, power station engineering, project contracting and consultation solutions. SPIC produces, operates and trades bauxite, alumina and electrolytic aluminum. The company generates electricity from various renewable energy sources which includes thermal, hydro, wind and nuclear. It also carries out the operation of railways and ports for transportation of its products. The company owns and operates power projects in North Africa, Asia, Europe, Oceania, North America and South America. SPIC is headquartered in Beijing city, Beijing, China.
Headquarters
China
Address
North 3rd Ring Road ,Building1, Compound29, Beijing, 100029
Website
www.eng.spic.com.cn
Telephone
86 10 66298000
No of Employees
130,000
Industry
Power
State Power Investment Corp Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Power Generation |
| Coal | Operation and Maintenance |
| Aluminum | Investment |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In December, the company announced its plans to invest US$5.85 billion in northeast China to produce fuel from hydrogen produced from wind power. |
| 2020 | Contracts/Agreements | In July, the company and Siemens AG signed an equipment supply and service contract for heavy-duty gas turbine test power station. |
| 2019 | Contracts/Agreements | In March, the company signed strategic partnership framework agreement with Siemens for promoting global clean energy reform. |
Competitor Comparison
| Key Parameters | State Power Investment Corp Ltd | China Southern Power Grid Co Ltd | Beijing Energy Investment Holding Co Ltd | China Datang Corp | China Huaneng Group Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Beijing | Guangzhou | Beijing | Beijing | Beijing |
| State/Province | Beijing | Guangdong | Beijing | Beijing | Beijing |
| No. of Employees | 130,000 | 280,000 | - | - | - |
| Entity Type | Government | Private | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Qian Zhimin | Chairman | Executive Board | - | - |
| Li Baoqing | Vice Chairman | Executive Board | - | - |
| Chen Xi | Chief Financial Officer | Senior Management | - | - |
| Lu Hongzao | Vice President | Senior Management | - | - |
| Xu Shubiao | Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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