Shaanxi Energy

Name

Shaanxi Energy

Legal name

陕西能源投资股份有限公司

Website

https://sxeicl.com

Company type

Public

Founded year

2023

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Coal-Power Integrated Energy

NAICS

Fossil Fuel Electric Power Generation (221112), Steam and Air-Conditioning Supply (22133), Petroleum and Coal Products Manufacturing (3241)

SIC

Bituminous Coal & Lignite Mining (1220), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Coal-to-Power with CHP / District Heating (Coal Cogeneration) (EUACAAAN)

akta.pro secondary industries

Coal/Lignite CHP (District Heating & Industrial) (EUACAKAD), Thermal Coal Mining (Steam Coal) (IMAKAIAA)

Keywords

• Coal power generation
• Thermal electricity production
• Coal mining operations
• Integrated energy supply
• Power grid distribution

Headquarters

HQ city

Xian Shi

HQ country

China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Electric Power Generation and Sales: Power generation through coal-fired plants and sales to state grids; core business segment including multiple power plants with combined capacity over 17 million kilowatts
2. Coal Production and Sales: Coal mining operations with annual approved capacity of 30 million tons, integrated with power generation for coal-power integration model
3. Technology and Maintenance Services: Power operation and maintenance services, technical consulting, intelligent transformation solutions provided by subsidiary companies
4. Virtual Power Plant Operations: Virtual power plant operation qualifications enabling demand response, distributed energy aggregation, and grid balancing services

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Shaanxi Energy is a state-controlled coal-power integrated enterprise that mines coal, generates electricity from coal-fired thermal power plants, and distributes electricity to state-owned power grids through UHV transmission corridors. The company also operates coal transportation logistics, power plant operations and maintenance services, virtual power plant grid balancing services, and electricity sales to industrial and commercial customers across 34 wholly-controlled subsidiaries.

Product overview

陕西能源是一家大型煤电一体化企业，以煤炭生产和电力生产为核心业务，同时拓展售电服务、运维服务、铁路运销及新兴的虚拟电厂运营等业务。公司拥有34户全层级控股企业，下属企业涵盖凉水井矿业、冯家塔运营、麟北煤业等煤炭企业，以及渭河发电、赵石畔煤电、麟北发电、清水川能源、商洛发电等电力企业。近期公司成功取得省级虚拟电厂运营资质，实现'传统售电+虚拟电厂运营+能源科技服务'多轮驱动的业务升级。

Differentiator

Problem solved

Functional benefit

Products and services

• Coal Production and Sales (煤炭生产与销售) Coal mining operations including underground mining, coal washing and processing, and sales through long-term contracts and spot markets. Operated by wholly-owned subsidiaries including Liangshuijing Mining, Fengjiata Operations, and Linbei Coal Mining with 30 million tons annual approved production capacity.
• Electric Power Generation and Sales (电力生产与销售) Coal-fired thermal power generation and electricity sales to state grid companies through regulated long-term power purchase agreements. Operated by wholly-owned subsidiaries including Weihe Power Generation, Zhaoshipan Coal Power, Linbei Power Generation, Qingshuichuan Energy, Shangluo Power Generation, and Yan'an Thermal Power with combined approved capacity of 17.25 million kilowatts.
• Power Operations and Maintenance Services (电力运营服务) Professional power plant operations and maintenance services including generator unit overhaul and maintenance, new energy intelligent operations, and technical consulting. Provided by subsidiary Electric Power Operations (电力运营) to internal power plants and external clients.
• Coal Transportation and Sales Services (煤炭运销服务) Railway-based coal logistics and sales services for both internal power generation supply and external industrial customers. Operated by wholly-owned subsidiaries Shaanxi Energy Coal Sales and Transportation (陕能运销) and Railway Transportation and Sales (铁路运销).
• Virtual Power Plant Operations (虚拟电厂运营)

Quantifiable outcome

• Annual revenue growth of 19.04% reaching 231.56 billion RMB in 2024
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature7 records

Partnerships

Six partnerships are on record, tiered core and major.

• China Electricity Council / 中电联coreStrategic or Co-development PartnerIndustry association providing energy efficiency benchmarking, technical standards development, and industry research collaboration. Multiple Shaanxi Energy subsidiaries participate in CEC efficiency assessments and standard-setting activities.
• Xi'an Thermal Power Research Institute / 西安热工研究院majorTechnology or IntegrationTechnical exchange and collaboration on smart power plant development, AI integration, and thermal power technology advancement. Joint research on intelligent power generation systems.
• China University of Mining and Technology / 中国矿业大学majorStrategic or Co-development PartnerAcademic partnership for coal mining technology research, intelligent mining systems development, and talent cultivation. Joint research projects on mine safety and efficiency improvement.
• State Grid Corporation of China / 国家电网coreChannel Partner/ Reseller/ DistributorPrimary power off-taker purchasing electricity through regulated power purchase agreements. UHV transmission corridor connecting Shaanxi power plants to North China and Central China grids.
• Shaanxi Electric Power Trading Center / 陕西电力交易中心majorChannel Partner/ Reseller/ DistributorProvincial power exchange platform for electricity trading, virtual power plant qualification management, and market-based electricity transactions.
• TianDi Science & Technology Co., Ltd. / 天地科技股份有限公司majorTechnology or IntegrationTechnology partner for Zhaoshipan Mine intelligent construction, providing coal mining equipment and intelligent systems integration.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• China Shenhua Energy: China's largest integrated coal-power operator running a vertical coal-to-power model with proprietary rail transportation and offtake through State Grid—the closest analog to Shaanxi's coal-mine-plus-power-plant structure and the most direct competitor for UHV corridor dispatch priority.
• Yankuang Energy (Yanzhou Coal Mining): Operates coal mines paired with downstream thermal power assets in a similar Shaanxi-adjacent geography and competes for the same industrial coal and grid-supply customers; both companies leverage captive coal supply to drive power generation margins.
• China Coal Energy: State-controlled coal-power integrated operator whose coal mining and coal-fired power generation business lines overlap directly with Shaanxi Energy's core segments and which supplies State Grid under similar regulated PPAs.
• Inner Mongolia Yitai Coal: Operates coal mines paired with captive thermal power generation in a comparable coal-power integration model, with similar exposure to Chinese provincial State Grid offtake and UHV transmission.
• Huadian Power International: One of the 'Big Five' Chinese thermal power generators with a large coal-fired generation fleet dispatching into State Grid; overlaps with Shaanxi Energy on coal-fired generation, technological efficiency rankings, and UHV corridor access.
• Huaneng Power International: Large state-controlled fossil-fuel-fired power generator with comparable coal-fired unit base competing in China Electricity Council efficiency benchmarking and bidding into similar State Grid corridors.
• GD Power Development: Coal-fired power generation arm of a major Chinese SOE with overlapping dispatch profile, comparable ultra-supercritical unit efficiency, and access to long-distance transmission similar to Shaanxi Energy's UHV positions.

Broad incumbents

• Datang International Power Generation: Major state-controlled generation incumbent operating a diversified coal-heavy portfolio across more regions; supplies State Grid and provincial exchanges in patterns similar to Shaanxi, though with a broader geographic footprint.
• Beijing Energy International Holding: Beijing-based power generator with significant coal-fired capacity selling into Chinese grids at regulated tariffs; competes for capacity additions, grid dispatch share, and interconnection slots overlapping with Shaanxi Energy's expansion plans.
• China Yangtze Power: Largest Chinese listed utility (heavily hydro-weighted) and a benchmark for state-controlled listed power operators; relevant as it is in the same regulatory/tariff system and capital-market segment, even though its generation mix is dissimilar.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shaanxi Energy