Heilongjiang Asiapower Xinbao Heating & Power Co., Ltd

Heilongjiang Asiapower Xinbao Heating & Power Co., Ltd ("Xinbao") was incorporated in Qiqihar City, Heilongjiang Province, China in May 1998 with a registered capital of RMB116m. After a capital enlargement exercise in February 2002, total registered capital of Xinbao had gone up by RMB10m to RMB126m. Xinbao is now 51% owned by Asia Power Corporation Limited and 49% owned by Qiqihar Xinbao Heating & Power Co., Ltd.

Xinbao operates a coal-fired combined heat-and-power plant in Qiqihar City, Heilongjiang Province. The plant has a total installed capacity of 225 MW, comprising 9 generating units at 25 MW each along with 8 coal-fired boilers. Among these generating units, Xinbao directly owns unit 1-6 and 9, while unit 7 & 8 are under lease agreements.

Xinbao is the only co-generation power plant in Fularji District, Qiqihar City. It produces both heat and steam in addition to electricity generation. The production of heat and steam is in line with the government's policy of environmental protection in the production of energy. The heat and steam made available to industrial and residential users by Xinbao help to save energy and produce fewer pollutants in Qiqihar City.

Other business units of development and focus.

Investment Portfolio Power-related Technologies