Utilities

Government faces fight for electricity tariff hikes
UTILITIES | 02 Jan 12

CLP Power already reduced its planned increase from 9.2% to 4.9%. Read ››

OFTA issues Fair Usage Policy for broadband services
UTILITIES | 09 Nov 11

The Office of the Telecommunications Authority promulgated a set of mandatory guidelines setting out the relevant guiding principles for compliance by broadband service providers. Read ››

Cheung Kong completes purchase of Northumbrian Water Group
UTILITIES | 18 Oct 11

The acquisition was worth HK$29.6b. Northumbrian Water Group PLC is one of the largest water-services companies in the UK. Read ››

LPG prices to go down in October
UTILITIES | 23 Sep 11

Prices will drop 11 to 12 cents a litre. A report by the Information Services Department said liquefied petroleum gas ceiling prices at LPG stations will range from $4.44 to $4.86 a litre in October. Read ››

Leases at EcoPark Phase 2 given to 6 recycling firms
UTILITIES | 06 Sep 11

Six recycling companies have been awarded leases at the EcoPark Phase 2 lots by the Environmental Protection Department. Read ››

LPG prices to go down
UTILITIES | 21 Jul 11

Ceiling prices will range from $4.44 to $4.86 per litre in August. Read ››

China set to be the largest driver of oil prices in a decade
UTILITIES | 14 Jul 11

The correlation between China's industrial growth and the WTI oil price has increased from 0.45 in May 2001-2006 to 0.65 in May 2006-2011. Read ››

Residents get electricity subsidy beginning July
UTILITIES | 28 Jun 11

A maximum subsidy of $1,800 will be provided to each eligible residential electricity account from July this year. Read ››

China faces worst-ever power shortage
UTILITIES | 31 May 11

Shuai Jungin, State Grid Corporation of China executive vice president, warns that China will face its worst-ever power shortage this summer. Read ››

Hongkong Electric Holdings name change gets approved

UTILITIES | 30 Jan 11

Shareholders of Hongkong Electric Holdings Limited approved a proposal by the Board of Directors to change the name of the Company to "Power Assets Holdings Limited", providing an identification which is in line with the Group's business development. Read ››

Moody's maintains stable outlook on Asian utilities
UTILITIES | 08 Dec 10

High levels of government ownership in the sector bolster ratings behind support from the government and strong access to the domestic capital and bank markets. Read ››

Yardway proposes to set up JV to promote wastewater treatment
UTILITIES | 23 Nov 10

The JV with Beijing Capital (HK) aims to meet the market demand for urban and rural sewage treatment. Read ››

CLP Holdings sales up 16% to HK$43.5bln
UTILITIES | 19 Oct 10

Hong Kong, Australian power demand recovers as the utility invested in power projects in some Asian countries. Read ››

HK & China Gas profit down 1% to HK$2.97bln
UTILITIES | 26 Aug 10

Company continues to look for mainland gas projects with its China unit's profit up 34%. Read ››
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