Asia Power is principally involved in the ownership, management and operation of power plants in China. It was incorporated in Singapore in March 1997 and later converted to a public company in October 1999.

Asia Power has been developing and focusing on the following three core businesses:

The strategy is to invest in low-risk, profitable power projects in China. In particular, it comprises taking equity stakes in coal-fired combined heat-and-power plants, highly efficient combined-cycle peaking power plants, hydropower stations,computerised power automation, protection systems and power auxiliary equipment manufacturers. As of December 2003, Asia Power has invested in seven power plants, two power-related technology companies and a power-consulting firm in China.

Asia Power is the only electric utility company listed on the main board of the Singapore Exchange under the ELECT/GAS/WATER sector. Asia Power stock is traded in SGD and is a component stock of the ALL-SE.

Asia Power has been developing and focusing on the following three core businesses

Power Generation Power-related Technologies