Shanghai Waigaoqiao Power LLC (hereinafter referred to as “Waigaoqiao Power”)
Waigaoqiao Power, established in May 1996, was invested and constructed jointly by Shanghai Electric Power and Shenergy Co., Ltd., with a registered capital as 1.803 billion yuan. Currently, the shareholding ratio of Shanghai Electric Power in Waigaoqiao Power is 51%. Its main business is the comprehensive utilization and development of thermal power. Waigaoqiao Power, owning 4 sets of 320,000-kilowatte coal-fired power units, is the key project of China’s Eighth-Five-Year-Plan, and one of the first ten infrastructure projects with the largest investment scale in Pudong District of Shanghai.