BEIJING, December 21, 2011 /PRNewswire-Asia/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE:HNP; HKEx:902; SSE:600011) announced today that Huaneng Chongqing Liang Jiang Gas-fired Combined Cooling-Heating-Power Project (the "Project") (which is wholly owned by the Company) has recently received approval from Chongqing Municipal Development and Reform Commission.
The Project will build 5 x 300 MW (F grade) combined cycle gas turbine cogeneration units. The total investment amount of the Project is estimated to be approximately RMB6.739 billion, of which 20% is equity capital to be contributed by the Company from its own internal funds, and the remaining investment is to be funded by bank loans.
About the Company
The Company is one of China's largest listed power producers with controlled generation capacity of 56,419 MW and equity-based generation capacity of 52,292.5MW. The power plants of the Company are located in 18 provinces, municipalities and autonomous regions in China. The Company also has a wholly-owned power company in Singapore.
For enquiries, please contact:
Huaneng Power International, Inc.
Ms. MENG Jing / Ms. ZHAO Lin
Tel: +86-10-6608-6765 / +86-10-6322-6596
Fax: +86-10-6641-2321
Email: zqb@hpi.com.cn
Wonderful Sky Financial Group Limited
Mr. Hon Fung / Ms. Yolanda Wang / Mr. Tony Chen / Ms. Sharon Lau
Tel: +852-2851-1038
Fax: +852-2865-1638
Email: hf@wsfg.hk / yolandawang@wsfg.hk / tonychen@wsfg.hk / sharonlau@wsfg.hk
