State Power Investment Corporation (SPIC), newly established through the merger of China Power Investment Corporation and State Nuclear Power Technology Corporation, is a large state-owned enterprise under the administration of the Central Government with a registered capital of RMB 45 billion an...
SPIC regards scientific development as its ultimate goal. In 2014, SPIC unswervingly implemented its development strategy towards cleaner growth, optimized power mix and industry distribution, continued corporate reform and solid management foundation to achieve assets increment and healthy, sustainable and coordinated development. In the same year, a total of 6,997 MW of new generation capacity was installed, 82% of which were from clean energies, totaling 5,750 MW. The company generated RMB 10.03 billion profits and paid RMB 18.64 billion taxes in 2014.
