Shanghai Electric Power Construction

What Shanghai Electric Power Construction does

Shanghai Electric Power Construction Co., Ltd. (SEPC) is a Shanghai-based EPC contractor founded in 1953 and operating as a wholly-owned subsidiary of PowerChina Group, a Fortune 500 state-owned conglomerate. The company delivers one-stop integrated solutions across the full industrial chain — from financing and investment, engineering, procurement, and construction to commissioning, performance testing, operation and maintenance, project supervision, logistics, and training — for power industry and municipal facility clients.

SEPC operates nine service divisions: Thermal Power (coal-fired and gas-fired plant construction, including 600MW, 1000MW, and 1350MW unit capabilities), Transmission and Distribution (UHV DC and AC transmission lines, substations, and converter stations including the world's first ±1100kV converter station at Guquan), New Energy (offshore wind, solar thermal, distributed energy, nuclear BOP), Infrastructure (waste-to-energy, rail transit, municipal construction — including the world's largest waste-to-energy project at Laogang), Equipment Manufacturing (AWS-certified steel structures, 3D BIM modeling, and proprietary products such as the QTZ2500 tower crane for 1000MW unit construction), Commissioning and O&M (Start-up and Testing Institute with 68,000MW cumulative commissioned capacity), Project Supervision (31,968MW supervised capacity across 98 buildings), Logistics (large-scale equipment procurement and transportation), and Training (authorized across 18 power industry occupations).

SEPC's business model is project-based EPC contracting with no publicly disclosed pricing; revenue derives from one-time construction contracts supplemented by equipment sales, professional services (commissioning, supervision, consulting), and logistics. The company serves enterprise clients in power generation, power transmission, new energy, municipal infrastructure, and petrochemical sectors, with approximately 5,000 employees including 350 senior engineers. SEPC has executed over 30 international projects across South America, Europe, Africa, and Asia, earning 2018 MOFCOM Top 50 recognition for overseas contract performance. The company holds 17 patents for steel structure and equipment installation methods and has received the Luban Prize for Construction and National Quality Engineering Award Silver Medal.

Name

Shanghai Electric Power Construction

Legal name

Shanghai Electric Power Construction Co., Ltd.

Website

https://en.sepcc.com.cn

Company type

Private

Founded year

1953

Operating status

Operating

Headcount range

11–50 employees

Short description

Shanghai Electric Power Construction (SEPC) is a Shanghai-based EPC contractor and wholly-owned subsidiary of PowerChina Group that delivers integrated construction, commissioning, equipment manufacturing, and O&M services across thermal power, UHV transmission, new energy, and municipal infrastructure sectors for enterprise clients globally.

Ownership category

akta.pro rank

Product category

Power Infrastructure EPC Services

NAICS

Electrical Contractors and Other Wiring Installation Contractors (238210), Electrical Contractors and Other Wiring Installation Contractors (23821)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623), General Industrial Machinery & Equipment, Nec (3569)

akta.pro primary industry

Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM)

akta.pro secondary industries

Transmission line EPC & construction (overhead) (EUADAKAA), Distribution Substations & Switching Stations (MV) EPC (EUAEACAC), Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB)

Keywords

• EPC power construction
• Thermal power engineering
• UHV transmission construction
• Renewable energy EPC
• Power plant commissioning

Headquarters

HQ city

Shanghai

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPC Contracting: Engineering, procurement, and construction services for power industry and municipal facility projects. Core revenue stream covering the full project lifecycle from financing and investment through construction and commissioning.
2. Equipment Manufacturing and Sales: Manufacturing and supply of steel structures, tower cranes, hoists, cable trays and other equipment for power plants including coal-fired, gas-fired and hydro power stations
3. Commissioning and O&M Services: Start-up commissioning, performance testing, and ongoing operation and maintenance services for power projects
4. Project Supervision and Consulting: Authorized services including project supervision, project consulting, cost consulting and manufacturing supervision to clients in power sector, real estate, and petrochemical industry
5. Logistics Services: Equipment procurement, transportation and storage service to large-scaled power projects including super-large equipment transportation and material management

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

SEPC is an EPC contractor providing one-stop integrated solutions for the power industry and municipal facility sector, covering the full industrial chain from financing, engineering, procurement, and construction to commissioning, testing, project management, consultancy, logistics, and training. The company serves coal-fired, gas-fired, and nuclear power generation, UHV power transmission and distribution, new energy (wind, solar, nuclear), and municipal/environmental infrastructure projects, with approximately 5,000 employees including 350 senior engineers.

Product overview

Shanghai Electric Power Construction (SEPC) is an EPC contractor offering integrated solutions across the entire power industry value chain. The company operates nine core service divisions: Thermal Power (coal/gas-fired plant construction), Transmission and Distribution (UHV transmission lines and substations), New Energy (wind, solar, nuclear), Infrastructure (municipal and environmental projects), Equipment Manufacturing (steel structures and construction machinery), Commissioning and O&M (start-up testing), Project Supervision, Logistics, and Training. SEPC serves clients in coal-fired, gas-fired, and nuclear power industries, power distribution and transmission, new energy sectors, and equipment manufacturing, with approximately 5,000 employees including 350 senior engineers.

Differentiator

Problem solved

Functional benefit

Products and services

• Thermal Power Construction Engineering, procurement, and construction services for thermal power generation facilities including coal-fired and gas-fired power plants. SEPC has installed 19 sets of 600MW power units and offers 1000MW and 1350MW unit construction capabilities. Designed for utilities and power generation developers building large-scale thermal plants.
• Transmission and Distribution Construction Construction of transmission lines, substations, and converter stations, including UHV DC and AC transmission systems. Notable projects include Yunnan-Guangdong ±800kV UHV DC, Qinghai-Tibet ±400kV DC, and the Guquan ±1100kV converter station. Built for grid operators and UHV infrastructure developers.
• New Energy Construction Full-range supporting EPC services for new energy projects including wind power (e.g., Donghai Bridge 100MW Offshore Wind Power Pilot Project), solar power (e.g., Qinghai Gonghe 50MW Photo-thermal Power Project), distributed energy, and nuclear energy (e.g., Guangxi Nuclear Power Plant BOP). Designed for renewable energy developers and nuclear operators.
• Infrastructure Construction Environmental-friendly projects, rail transits, municipal projects, architectures and decoration projects, urban landscape design, and fire protection engineering. Includes the world's largest waste-to-energy project (Laogang Renewable Energy Utilization Center Phase I and II) and the world's largest waste incineration power plant (Shenzhen Eastern Environmental-friendly Power Plant). Built for municipal authorities and environmental infrastructure developers.
• Equipment Manufacturing Manufacturing and supply of steel structures, tower cranes (including the QTZ2500 industry standard crane for 1000MW coal-fired units), hoists, and cable trays for power plants. Holds highest professional qualification standard of steel structure engineering and AWS certification, with 3D BIM modeling and 17 patents for advanced methods. Sold to power plant constructors and operators.
• Commissioning and O&M Start-up commissioning and performance testing for mid and large-scaled power projects through SEPC's Start-up and Testing Institute, with accumulated installed capacity of 68,000MW. Includes ongoing operation and maintenance services. Targeted at power plant owners and operators post-construction.
• Project Supervision Authorized services including project supervision, project consulting, cost consulting, and manufacturing supervision to clients in power sector, real estate, and petrochemical industry. Coverage spans power plants with 31,968MW total installed capacity and 98 buildings totaling 1 million square meters. Designed for project owners and investors.
• Logistics Services Equipment procurement, transportation, and storage services for large-scale power projects, specializing in super-large equipment transportation and material management. Sold to power plant constructors handling heavy equipment logistics.
• Training Services Comprehensive training center providing targeted training for senior executives, managers, and technical personnel. Authorized to provide skill training for 18 major occupations in the power industry. Offered to power sector employees and partner organizations.

Quantifiable outcome

• World's largest waste to energy project (Laogang Renewable Energy Utilization Center Phase I and II)
• +5 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Power Construction Corporation of China (PowerChina): The parent conglomerate and one of the world's largest power EPC groups. Overlaps broadly across all SEPC service lines but at vastly greater scale and across hydropower, dam and infrastructure categories where SEPC is less focused.
• Dongfang Electric Corporation: Major Chinese power equipment manufacturer with growing EPC and service capabilities in thermal, nuclear, wind and hydro. Comparable in serving the same state-owned utility customers but more equipment-centric than construction-centric.
• Fluor Corporation: Global EPC incumbent with established power generation, transmission and new energy business lines. Comparable in executing large-scale utility EPC projects on a project-by-project basis across multiple geographies.
• Harbin Electric Company Limited: Large Chinese state-owned power equipment and contracting group active in thermal, hydro and nuclear generation. Comparable in customer base (state-owned utilities) and partial service overlap in power plant construction.
• Shanghai Electric Group Company Limited: A major Chinese power equipment and EPC conglomerate with overlapping thermal, nuclear, wind and grid business. Competes with SEPC in similar utility and municipal tenders, particularly within Shanghai-headquartered projects.
• Bechtel Corporation: One of the world's largest privately-held EPC contractors with significant power, transmission and renewables capabilities. Comparable in mega-project execution and integrated EPC + financing models, particularly in international markets.

Emerging players

• Hitachi Energy (formerly ABB Power Grids): Global leader in UHV transmission and grid infrastructure solutions, including converter stations such as the ±1100kV class that SEPC constructed. Comparable on UHV technology and project profile, though focused on equipment supply rather than EPC construction.
• China Tianying Inc. (CNTY): Chinese specialist in waste-to-energy plant investment, construction and operation. Directly comparable to SEPC's Laogang Renewable Energy Utilization Center capability but operating as a more focused, vertically integrated developer rather than generalist EPC.

Direct peers

• SEPCO III Electric Power Construction Corporation: A sister PowerChina subsidiary and direct EPC peer, executing thermal, renewables and transmission projects internationally with a similar integrated EPC + investment model. Closest comparable in scale, parent affiliation and service scope.
• China Energy Engineering Corporation (CEEC): CEEC is the largest state-owned power engineering and construction group in China, with overlapping EPC capabilities across thermal, hydro, UHV transmission and new energy. It is the most directly comparable Chinese power EPC competitor to SEPC.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/sepckauswagan
• LinkedInlinkedin.com/company/shanghai-electric-power-construction-co-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 Shanghai Electric Power Construction