CLP Holdings (00002) subsidiary China Power will provide relevant information about the Hong Kong electricity industry to the Environmental Affairs Committee of the Hong Kong Legislative Council.

date
19/11/2024
avatar
GMT Eight
CLP Holdings (00002) announced that its wholly-owned subsidiary, China Power Limited (China Power), has provided the Hong Kong Legislative Council's Environmental Affairs Committee with certain information related to its electricity business in Hong Kong, as requested by the Hong Kong SAR Government. The information was provided in response to the annual electricity price review. The Group has explicitly stated that certain contents of the information provided are considered confidential and commercially sensitive. China Power has provided the information to the committee in accordance with arrangements to maintain the confidentiality of such information. In response to the committee's request, the Group has also provided China Power's 2024 capital expenditure estimate and other information in a non-confidential manner to assist the committee in understanding the electricity tariff review for 2025. However, as of the announcement date of the financial performance for the year ending on December 31, 2024, China Power's 2024 capital expenditure estimate has not been publicly disclosed.

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