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The current supply contract, with which CLP receives 70% of the nuclear electricity supply generated from Daya Bay nuclear power station (Daya Bay), will expire by May 2014.
Andrew Brandler, CEO of CLP, said: "The approval is a significant step toward implementing the memorandum of understanding on the long-term energy supply to Hong Kong that was reached last year between the central government and the Hong Kong Special Administrative Region government.
"The 20-year extension is also a demonstration of the close and longstanding partnership between CLP and China Guangdong Nuclear Power Holding Company that has grown since CLP first participated in the Daya Bay project."
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