omniture

Huaneng Power International, Inc.: Power Generation within China Increases by 24.89% for the First Quarter

2017-04-18 22:35 2272

BEIJING, Apr. 18, 2017 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI" or the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its power generation for the first quarter of 2017.

According to the preliminary statistics of the Company, for the first quarter of 2017, the Company's total power generation by its power plants within China amounted to 95.988 billion kWh on consolidated basis, representing an increase of 24.89% over the same period last year, and the total electricity sold by the Company amounted to 90.496 billion kWh, representing an increase of 24.44% over the same period last year. For the first quarter of 2017, the Company's average on-grid electricity settlement price for its power plants within China amounted to RMB 405.97 per MWh, representing an increase of 1.02% over the same period last year.

The increase in the Company's power generation for the first quarter of 2017 was mainly attributable to the following reasons: (1) the Company's acquisition of power assets in Heilongjiang, Jilin and Shandong areas was conducive to the substantial increase in the level of power generation of the Company; and (2) the Company's thermal power generation in central China and eastern China rose year-on-year.

The power generation (in billion kWh) by each region of the Company's domestic power plants are listed below:

Region

Power Generation

Electricity sold

January to
March 2017

Change

January to
March 2017

Change

*Heilongjiang Province

3.233

10.40%

3.031

10.83%

*Coal-fired

3.114

11.41%

2.914

11.89%

*Wind-power

0.120

-10.63%

0.117

-10.26%

*Jilin Province

2.001

6.52%

1.875

8.01%

*Coal-fired

1.796

3.20%

1.683

3.16%

*Wind-power

0.142

68.17%

0.136

138.03%

*Hydro-power

0.007

480.57%

0.007

492.92%

*Biomass power

0.055

7.04%

0.049

6.92%

Liaoning Province

5.210

1.33%

4.878

0.83%

Coal-fired

5.134

0.95%

4.803

0.42%

Wind-power

0.068

39.05%

0.067

39.24%

Hydro-power

0.001

-85.63%

0.001

-85.59%

PV

0.0078

-

0.0075

-

Inner Mogolia

0.049

1.48%

0.048

1.57%

Wind-power

0.049

1.48%

0.048

1.57%

Hebei Province

2.867

-4.01%

2.690

-4.74%

Coal-fired

2.812

-4.94%

2.653

-5.14%

Wind-power

0.045

57.18%

0.028

2.70%

PV

0.0099

-

0.0093

-

Gansu Province

3.182

19.87%

3.026

18.80%

Coal-fired

2.876

24.39%

2.730

22.96%

Wind-power

0.305

-10.69%

0.296

-9.45%

Beijing

2.389

-2.40%

2.214

-2.02%

Coal-fired

1.086

-9.28%

0.945

-9.28%

Combined Cycle

1.303

4.19%

1.269

4.18%

Tianjian

1.768

-19.15%

1.652

-19.72%

Coal-fired

1.630

-1.64%

1.518

-1.54%

Combined Cycle

0.137

-74.03%

0.134

-74.02%

Shanxi Province

2.566

-12.22%

2.428

-12.21%

Coal-fired

1.329

-21.21%

1.226

-21.69%

Combined Cycle

1.237

0.04%

1.203

0.13%

Shandong Province

20.640

129.34%

19.290

128.21%

Coal-fired

20.498

127.76%

19.155

126.61%

*Wind-power

0.124

2.19%

0.118

2.91%

*PV

0.0181

160.84%

0.0172

204.72%

Henan Province

5.983

26.20%

5.641

25.86%

Coal-fired

5.487

15.75%

5.156

15.04%

*Combined Cycle

0.476

0.12%

0.466

0.08%

Wind-power

0.020

-

0.019

-

Jiangsu Province

9.886

-1.05%

9.372

-1.52%

Coal-fired

8.749

-4.89%

8.278

-5.34%

Combined Cycle

0.915

44.23%

0.898

43.92%

Wind-power

0.222

41.45%

0.196

32.18%

Shanghai

5.162

6.30%

4.902

6.23%

Coal-fired

4.655

3.40%

4.406

3.23%

Combined Cycle

0.507

43.09%

0.496

43.22%

Chongqing

2.656

1.19%

2.480

1.60%

Coal-fired

2.129

-4.00%

1.966

-3.82%

Combined Cycle

0.528

29.41%

0.515

29.48%

Zhejiang Province

6.259

3.24%

6.011

3.44%

Coal-fired

6.171

3.36%

5.925

3.56%

Combined Cycle

0.079

-12.92%

0.077

-13.02%

PV

0.0094

422.58%

0.0092

475.55%

Hubei Province

4.040

4.20%

3.791

3.81%

Coal-fired

3.935

3.17%

3.689

2.73%

Wind-power

0.066

118.10%

0.065

119.89%

Hydro-power

0.039

18.70%

0.037

17.53%

Hunan Province

2.550

29.40%

2.391

28.47%

Coal-fired

2.315

32.98%

2.159

32.07%

Wind-power

0.153

23.61%

0.151

23.76%

Hydro-power

0.082

-22.50%

0.081

-22.53%

Jiangxi Province

4.531

5.65%

4.339

5.82%

Coal-fired

4.478

5.12%

4.287

5.28%

Wind-power

0.053

83.35%

0.052

83.76%

Anhui Province

1.503

-7.19%

1.443

-6.68%

Coal-fired

1.452

-9.15%

1.392

-8.71%

Wind-power

0.034

-

0.033

-

Hydro-power

0.018

-17.37%

0.018

-17.39%

Fujian Province

1.843

14.65%

1.738

14.75%

Coal-fired

1.843

14.65%

1.738

14.75%

Guangdong Province

4.003

4.26%

3.841

4.42%

Coal-fired

3.999

4.13%

3.836

4.29%

PV

0.0049

-

0.0048

-

Yunnan Province

0.980

4.37%

0.910

5.38%

Coal-fired

0.830

-2.29%

0.764

-2.00%

Wind-power

0.150

67.40%

0.146

73.94%

Guizhou

0.020

98.35%

0.019

406.76%

Wind-power

0.020

98.35%

0.019

406.76%

Hainan Province

2.668

-12.45%

2.484

-12.68%

Coal-fired

2.607

-12.95%

2.424

-13.24%

Combined Cycle

0.006

-67.55%

0.006

-66.36%

Wind-power

0.033

15.83%

0.032

15.78%

Hydro-power

0.017

201.47%

0.017

212.89%

PV

0.0046

-

0.0046

-

Total

95.988

24.89%

90.496

24.44%

Note: The remark * represented the regional companies or power plants involved in the new acquisition by the Company at the end of 2016. They had been incorporated in the Company's financial statements since 1 January 2017, and the year-on-year data of which is for information only.

For the first quarter of 2017, the power generation of Tuas Power Limited in Singapore, which is wholly-owned by the Company, accounted for a market share of 21.3% in Singapore, representing a decrease of 0.5 percentage point compared to the same period of last year.

In addition, the cogeneration power units No. 1 and No. 2 (100MW) of Huaneng Yingkou Xianrendao Power Plant, the 24 wind power units with a total capacity of 48MW of Hebei Zhuolu Dabao Wind Power Plant (each being wholly owned by the Company) , part of the wind power units with a total capacity of 106.4 WM of Jiangsu Rudong Offshore Wind Power (70% owned by the Company) as well as the 20MW photovoltaic power generation components of Huaneng Shandong Jining Photovoltaic Power Plant (80% owned by the Company) have been put into operation in the first quarter. At the same time, there are changes in the equity interests and the installed capacity in some of the companies in which the Company has equity interests. Based on the above, as of 31 March 2017, the Company had a controlled generation capacity of 101,270MW and an equity-based generation capacity of 89,486MW.

About Huaneng Power International, Inc.

Huaneng Power International, Inc. is one of China's largest listed power producers with controlled generation capacity of 101,270MW and equity-based generation capacity of 89,486MW. The power plants of the Company are located in 24 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: (8610) 6608 6765 / 6322 6596
Fax: (8610) 6322 6888
Email: zqb@hpi.com.cn

Wonderful Sky Financial Group Limited
Ms. Iris AU YEUNG / Ms. Tiffany Ruan / Ms. Echo Ma
Tel: (852) 2851 1038
Fax: (852) 2865 1638
Email: po@wsfg.hk / tiffanyruan@wsfg.hk / echoma@wsfg.hk

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/huaneng-power-international-inc-power-generation-within-china-increases-by-2489-for-the-first-quarter-300440958.html

Source: Huaneng Power International, Inc.
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