Enerchina Holdings Limited · Hong Kong
Company Description
Vicwood Plaza, 28th Fl. 199 Des Voeux Rd. Central
Hong Kong
(Map)
Phone: +852-2521-1181
Fax: +852-2851-0970
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This link will open in a new window Enerchina Holdings focuses on offering a variety of energy and public utility services in about 40 cities in China. The company generates electrical power, as well as provides more than 400,000 tons of natural gas every year through Panva Gas Holdings. Panva also offers pipeline network construction, transportation, storage, and wholesale of natural gas. Enerchina Holdings serves more than 3 million customers. The company is researching and developing other clean energy sources, including different uses of coal. Chairman Ou Yaping owns about 52% of Enerchina Holdings. To read the full description, subscribe now.
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Key Enerchina Holdings Limited Financials
| Company Type | Public Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $131.1 |
| 2008 Employees | 198 |
Competition
Competitive Landscape for Enerchina Holdings Limited
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Enerchina Holdings Limited Competitors
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