China Huadian Corp, a State-owned power generation group, committed to further backing up poor regions of China with its fund and energy projects.
From 2013 to 2017, the company poured in funds up to 335 million yuan ($50.2 million) to poverty alleviation programs. It sent 204 staff members over the years to work in the poor regions, give suggestions and make sure the fund was used properly, aiming to help the people affected lead a better life.
It made an investment up to 660 billion yuan to establish clean energy projects, including hydroelectric power and wind power projects, in areas that are seriously poor. The electricity generation capacity of its facilities reached 43.99 million kilowatts.
Areas that received support from the company include Kashgar and Artux in Northwest China’s Xinjiang Uygur autonomous region, Dulan county in Northwest China’s Qinghai province, as well as Southwest China’s Tibet autonomous region.
The company mainly focuses on power generation, heat production and supply, energy development and related technical services. By April, its gross assets reached 790 billion yuan. It was awarded as an A-level company for five consecutive years by the State-owned Assets Supervision and Administration Commission of the State Council.
It ranked 382 as Fortune global 500 enterprises. Its business expanded in 32 regions of China and foreign countries including Russia, Indonesia, Cambodia and Spain.
The company said it will use more funds, human resources and technologies for poverty alleviation programs in the next three years.
(Executive editor: Hao Wen)