In 1983 the company established a 25/75 joint venture with Guangdong Nuclear Power for the construction and operation of the Daya Bay Nuclear Power Plant. On 6 January 1998, CLP Holdings Limited replaced China Light & Power Company, Limited as the new holding company listed on the Stock Exchange of Hong Kong.
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On October 19, 1973, immediately following President Nixonâs request for Congress to make available $2.2 billion in emergency aid to Israel for the conflict known as the Yom Kippur War, the Organization of Arab Petroleum Exporting Countries (OAPEC) instituted an oil embargo on the United States (Reich 1995).n October 19, 1973, immediately following President Nixonâs request for Congress to make available $2.2 billion in emergency aid to Israel for the conflict known as the Yom Kippur War, the Organization of Arab Petroleum Exporting Countries (OAPEC) instituted an oil embargo on the United States (Reich 1995).