China Power Investment Corp, parent of Hong Kong-listed China Power International Development Ltd<2380>, saw its electricity output rose 23% year on year to 251.5 billion kWh last year.

Output of coal and electrolytic aluminum increased to 42.97 million tons and 1.1 million tons, up 30% and 147% respectively from a year ago, said Lu Qizhou, president and general manager of the company.

Boosted by the strong output growth, China Power's operating revenue surged 44.8% to RMB 101.2 billion. The company reaped RMB 3.2 billion in profit in 2009, compared with a net loss of RMB 6.9 billion in 2008.

Investment in hydropower, nuclear power and wind power sectors accounted for more than 50% of the company's total investment in power generation last year. The company ranked first among the country's top five power groups in terms of hydropower installed capacity.

China Power investment aims to produce 272 billion kWh of electricity this year, with its gross profit reaching RMB 5 billion, according to Lu.