Harmony in humanity and harmony with nature, the core of traditional Chinese wisdom, are deeply embedded in POWERCHINA's business philosophy.[more]
The Power Construction Corporation of China (POWERCHINA) was founded in September 2011. The company consists of Sinohydro Corporation with 32 subsidiaries, HYDROCHINA Corporation with 12 subsidiaries, China Renewable Energy Engineering Institute, 12 survey and design institutes, 23 construction companies, and 18 manufacturing and maintenance companies. We provide comprehensive and full-range of services from planning, investigation, designing, consulting, civil works construction to M&E installation and manufacturing services in the fields of hydropower, thermal power, new energy and infrastructure. Our business also extends into real estate, investment, finance, and O&M services.
The vision of POWERCHINA is to become a top global enterprise in renewable energy and the development of hydropower resources, a key player in the infrastructure sector, and a driving force in China's power and water conservancy industries, as well as an important participant in real estate development and operations.
POWERCHINA boasts world-leading EPC services in the development of hydropower, water works, thermal power, new energy, and transmission and distribution projects, in addition to the achievements in the fields of infrastructure, equipment manufacturing, real estate and investment.
POWERCHINA has world-class construction capacity, including the annual capacity of 300 million m3 of earth and rock cutting, 30 million m3 concrete placement, 15,000 MW of installation of turbine-generator units, 1-million-ton of metal fabrication works, 5-million m3 of foundation grouting as well as 540,000 m3 of construction of impervious walls.
POWERCHINA possesses state-of-the-art technology in dam engineering and construction, installation of turbine-generator units, foundation design, investigation and construction of extra large underground caverns, investigation, engineering and treatment of high earth/rock slopes, dredging and hydraulic fill works, construction of runways in airports, design and construction of thermal and hydropower plants, design and installation of power grids, and related equipment and hydraulic machinery.
POWERCHINA also has first-class capacity of scientific and technological innovation in hydropower, thermal power, and power transmission and transformation.
By the end of 2013, POWERCHINA had a total assets of RMB 350.83 billion yuan, annual revenue of RMB 226.3 billion yuan and 200,000 employees. By the end of June 2014, POWERCHINA performed 1336 overseas contracts in the fields of engineering construction, design consultation and equipment manufacturing in 95 countries.
POWERCHINA ranked 390th in the Fortune 500 in 2012, the 354th in 2013 and the 313th in 2014.
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