omniture

Huaneng Power International, Inc. Announces Approval Obtained on the Project of Zhejiang Huaneng Yuhuan Power Plant Phase II

Huaneng Power International, Inc.
2007-07-25 18:16 1078

BEIJING, July 25 /Xinhua-PRNewswire-FirstCall/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) announced that the construction of the expansion project of 2 x 1,000 MW domestic ultra-supercritical coal-fired generating units at Zhejiang Huaneng Yuhuan Power Plant Phase II has been approved by the National Development and Reform Commission recently.

The project will concurrently install flue-gas desulphurisation facilities, high-performance electrostatic precipitators and flue-gas continuous emission monitoring systems and adopt low-NOx combustion technique. Various emission indices at the power plant will satisfy the State’s environmental protection requirements. After the commencement of operation, the power plant will provide active contribution to meet the power demand for the economic development of Zhejiang Province.

The total investment amount of the project is estimated to be approximately RMB7.65 billion, of which 25% is equity capital to be funded by the Company, with the remaining to be funded by bank loans.

Huaneng Power International, Inc. develops, constructs, operates and manages large-scale power plants in China nationwide, with a total generation capacity of 28,187MW on an equity basis and a total controlling generation capacity of 32,224MW. The Company wholly owns seventeen operating power plants, and has controlling interests in twelve operating power companies and minority interests in five operating power companies. Currently, it is one of the largest listed power producer in China.

For further information, please contact:

Ms. Meng Jing / Ms. Zhao Lin

Huaneng Power International, Inc.

Tel: +86-10-6649-1856 / 1866

Fax: +86-10-6649-1860

Email: ir@hpi.com.cn

Ms. Christy Lai/ Ms Patricia Tse

Rikes Communications Limited

Tel: +852-2520-2201

Fax: +852-2520-2241

Source: Huaneng Power International, Inc.
Keywords: Oil/Energy
collection