The Shantou Coal-Fired Power Plant (the "Shantou Power Plant" in short) had originally been developed and constructed by HIPDC which transferred all its rights and interests therein to the Company effective 31st December, 1994.

Located on the outskirts of the city of Shantou, the Shantou Power Plant has an installed capacity of 600MW and consists of two 300MW coal-fired units supplied by Dongfang Group using technology from Foster Wheeler Energy Corporation and Russian-made turbines and generators. The two units commenced commercial operation on 1st January, 1997.

Coal supply for the Shantou Power Plant is obtained from several coal producers located mostly in the northern area of Shanxi Province. Coal is transported by rail from the mines to Qinhuangdao port and by ship down the east coast of China to the wharf located at the Shantou Power Plant. The wharf is owned and maintained by the Shantou Port Authority and is capable of handling 17,000 ton vessels. Typically, the Shantou Power Plant can store 160,000 tons of coal on site. Coal consumption rates for power sold were 346gram/kWh and 338gram/kWh for the years of 1999 and 2000, respectively. Electricity generated by the Shantou Power Plant is delivered to the Guangdong Power Grid for sale.