China Names Duo Helming Construction of World’s Largest Hydropower Dam
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Yu Bing (left), Wang Wubin
China has named the leadership team tasked with developing the world’s largest hydropower dam.
China Yajiang Group Co. Ltd., officially established by the State-owned Assets Supervision and Administration Commission (SASAC) on July 19, will spearhead the roughly 1.2 trillion yuan ($168 billion) project on the lower reaches of the Yarlung Tsangpo River in the Xizang autonomous region.
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- China named veteran energy executives Yu Bing and Wang Wubin to lead the 1.2 trillion yuan ($168 billion) Yarlung Tsangpo hydropower dam project, the world’s largest.
- The mega-dam, approved in December 2024, will generate about 300 TWh of electricity annually—3% of China’s 2024 power consumption and nearly triple the output of Three Gorges Dam.
- The project has raised environmental and geopolitical concerns, especially from India and Bangladesh regarding water flows and ecological impacts.
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Who’s Who
- China Yajiang Group Co. Ltd.
- China Yajiang Group Co. Ltd. was officially established by the State-owned Assets Supervision and Administration Commission (SASAC) on July 19. It will lead the development of the world's largest hydropower dam project on the Yarlung Tsangpo River, valued at approximately 1.2 trillion yuan ($168 billion). Yu Bing is the chairman, and Wang Wubin is the general manager.
- China Energy Investment Corp. Co. Ltd.
- China Energy Investment Corp. Co. Ltd. (CHN Energy) is a state-owned coal giant. Yu Bing, who was the general manager of CHN Energy, has been appointed as the chairman and Communist Party secretary of China Yajiang Group Co. Ltd., the entity tasked with developing the world's largest hydropower dam. CHN Energy was formed in 2017 through the merger of China Guodian Corp. and Shenhua Group.
- China Three Gorges Corp.
- Wang Wubin, formerly a deputy general manager at China Three Gorges Corp., has been appointed as the general manager and deputy party secretary of China Yajiang Group Co. Ltd. China Three Gorges is responsible for the world's largest existing hydropower dam.
- China Power Investment Corp.
- China Power Investment Corp. (CPI) was a state-owned electricity producer. Yu Bing, a veteran in China's energy sector, held significant roles within CPI, including general manager of its Hong Kong subsidiary and senior positions in its Northeast branch and Shandong Nuclear Power Co. Ltd. In May 2015, CPI merged with State Nuclear Power Technology Corp. to form State Power Investment Corp. Ltd.
- China Power International Holding Ltd.
- China Power International Holding Ltd. is a Hong Kong-incorporated subsidiary of the state-owned electricity producer China Power Investment Corp. Yu Bing, the recently appointed chairman of China Yajiang Group, previously served as its general manager, transitioning from operational roles within the company.
- Shandong Nuclear Power Co. Ltd.
- Shandong Nuclear Power Co. Ltd. is a subsidiary of China Power Investment Corp. (CPI). Yu Bing, who is now the chairman and Communist Party secretary of China Yajiang Group, held senior roles at CPI's Northeast branch, including at Shandong Nuclear Power Co. Ltd. In May 2015, CPI merged with State Nuclear Power Technology Corp. to form State Power Investment Corp. Ltd.
- State Power Investment Corp. Ltd.
- State Power Investment Corp. Ltd. (SPIC) was formed in May 2015 through the merger of China Power Investment Corp. (CPI) and State Nuclear Power Technology Corp. Yu Bing, a key figure in China's energy sector, held senior roles at CPI's Hong Kong subsidiary and its Northeast branch, as well as at CPI's subsidiary Shandong Nuclear Power Co. Ltd., before the merger.
- China Huadian Corp. Ltd.
- Yu Bing, a seasoned energy executive, previously served as a deputy general manager and party committee member at **China Huadian Corp. Ltd.**, a major state-owned power company. This role was part of his extensive career, which led him to various leadership positions across China's energy sector before becoming general manager of CHN Energy.
- China Guodian Corp.
- China Guodian Corp. merged with Shenhua Group in 2017 to form CHN Energy. Yu Bing, the current chairman and Party secretary of China Yajiang Group, previously served as general manager of CHN Energy starting in September 2023.
- Shenhua Group
- Shenhua Group was a state-owned coal giant in China. In 2017, it merged with China Guodian Corp. to form CHN Energy, a significant power sector company.
- China Three Gorges Renewables Group Co. Ltd.
- China Three Gorges Renewables Group Co. Ltd. (600905.SH) is the primary platform for the new energy business development of China Three Gorges. Wang Wubin, who has a master's degree in engineering and business administration, previously served as its general manager before becoming chairman in 2021.
- Shanghai Investigation, Design & Research Institute Co. Ltd.
- Shanghai Investigation, Design & Research Institute Co. Ltd. designed China's first large-scale hydropower station, the Xin'anjiang Hydropower Station. Wang Wubin, the newly appointed general manager of China Yajiang Group, was chairman of this company in November 2019.
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What Happened When
- May 2015：
- China Power Investment Corp. (CPI) merged with State Nuclear Power Technology Corp. to form State Power Investment Corp. Ltd.
- November 2019：
- Wang Wubin served as chairman of Shanghai Investigation, Design & Research Institute Co. Ltd.
- July 2018：
- Yu Bing was transferred to China Huadian Corp. Ltd. as deputy general manager and party committee member.
- 2021：
- Wang Wubin was named chairman of China Three Gorges Renewables Group Co. Ltd.
- September 2021：
- Yu Bing was appointed deputy director at the National Energy Administration.
- April 2023：
- Wang Wubin became deputy general manager of China Three Gorges Corp. and a member of the party committee.
- September 2023：
- Yu Bing was appointed general manager of CHN Energy.
- December 2024：
- The Chinese government approved the Yarlung Tsangpo mega-dam project.
- July 19, 2025：
- China Yajiang Group Co. Ltd., the entity to spearhead the dam project, was officially established by SASAC.
- July 25, 2025：
- Social media post by Three Gorges Group confirmed Yu Bing and Wang Wubin appointed to top positions at China Yajiang Group.
- July 2025：
- Foreign Ministry spokesperson Guo Jiakun defended the Yarlung Tsangpo mega-dam project at a press briefing.
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