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Hong Kong electricity provider CLP eyes China power distribution market, India’s renewable, says CEO

CLP Holdings, the larger of Hong Kong’s two power utilities firms, is eyeing opportunities to invest in southern China’s electricity distribution market, which has been partially deregulated to let private firms participate.

It is also seeking to step up investment in India’s consolidating renewable energy sector and power transmission and distribution assets, chief executive Richard Lancaster told reporters as the firm reported a net loss that fell within expectations.

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