China Energy Investment Corporation 国家能源投资集团 | |
Type: | State-owned enterprise |
Predecessor: | Shenhua Group China Guodian Corporation |
Location City: | Beijing |
Location Country: | China |
Area Served: | China |
Industry: | Energy |
Products: | Coal, Electrical power, transportation (rail and ocean), polyethylene, polypropylene |
Services: | Coal production, transportation, Electricity generation |
Owner: | Chinese central government (100%) |
China Energy Investment Corporation, more commonly known as China Energy, is a state-owned mining and energy company administrated by the SASAC of the State Council of the People's Republic of China.
On August 28, 2017, SASAC announced that China Guodian Corporation and Shenhua Group will be jointly restructured. Shenhua Group will become China Energy Investment Corporation Limited and will absorb China Guodian Corporation. It will be the largest power company in the world by installed capacity.[1] [2]
China Energy is engaged in development, investment, construction, operation and management of power plants and power generation for electricity supply in China. It also mines coal; operates railroads, ports and seaborne shipments; produces polyethylene and polypropylene; and undertakes research, development, and demonstrations activities.