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FAQ Message |
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Please describe the outlook for the Company's future strategic development and installed capacity growth. |
Since its listing in Hong Kong and London ten years ago in 1997, the Company has been committed to quality management and progressive development, so much so that the growth of installed capacity under management is seven times that of ten years ago, with an annual average compound growth of 21.5%. In 2006, the Company had the largest number of new generation units commencing operation in its history, with 5,620 MW of new generation units commencing operation during the Year, up 40.7% as compared to the Previous Year.
The Company will remain committed to its established development strategies in future by further consolidating its market share in major service areas across the country, to achieve synergies and complementary advantages among different service areas while diversifying market risks. It will also further optimise the energy source structure of power generation to achieve comprehensive structural development in coalfired power, hydropower, nuclear power and wind power, with a goal of having a composition of approximately 65% coal-fired power, 25% hydropower, 8% nuclear power and 2% wind power. The Company will focus on the development of energy-conserving and environment-friendly generation units with high technical efficiency to structurally enhance the Company's efficiency and effectiveness; and further seek to secure upstream and downstream supply and value chains as well as high added-value development, so as to ensure stable and sustainable development and growth.
The Company currently has a group of approved projects under construction, which are scheduled for commencement in 2007 and 2008, which will generate a steady growth of new installed capacity of over 3,000 MW each year. Apart from coalfired power, the large-scale commencement of hydropower generation units between 2007 and 2010 will benefit the Company's growth. Besides, the Company has been actively committed to preliminary project development and project reserves. A group of preliminary projects have been submitted to the National Development and Reform Commission for approval or are eligible for submission to seek approval. Once these projects are approved, they will further enhance the Company's growth in the next few years.
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