China Resources Power played down a recent call by two of its senior executives for Hong Kong to "nationalise" local power supply assets after it posted a 47 per cent profit rise for last year.
President Wang Yujun said the opinion expressed by Li Jinying, deputy general manager of its new energy business, and Tan Xinjian, head of its nuclear power operation, to the Hong Kong government at a meeting in September was purely their own.
"These are their personal opinion, not that of the company," he said. "[CRP] has no participation in Hong Kong's power business and has no plans to."
Tan was quoted by a Hong Kong newspaper on Monday as having proposed that the city's utilities assets, controlled by CLP and Power Assets, be taken over by mainland entities after the current regulatory regime expired in 2018 to avoid social discontent due to power price rises.
The government is to start discussions with the incumbent monopolies on post-2018 regulations soon.
The spokesman for Hongkong Electric, a unit of Power Assets, said the existing regime "works well" and "could achieve the government's policy objectives".
