omniture

Gas Co-generation Expansion Project of Huaneng Beijing Co-generation Power Plant Was Approved

2010-08-05 19:31 1103
    BEIJING, Aug. 5 /PRNewswire-Asia/ -- Huaneng Power International, Inc. ("HPI" or the "Company")(NYSE:HNP; HKEx: 902; SSE: 600011) is pleased to announce that the gas co-generation expansion project of Huaneng Beijing Co-generation Power Plant (of which the Company owns 41% interests) has recently been approved by Beijing Municipal Commission of Development and Reform.
    The gas co-generation expansion project of Beijing Co-generation Power Plant will construct one set of "two on one" F-grade gas and steam combined cycle generating unit with a power generation capacity of 923MW, heat supply capacity of 650MW and heat supply area of approximately 13,000,000 square metres, and high-standard denitrification, noise reduction, water treatment and other environmental protection facilities will be constructed concurrently. As the first project commencing construction among the four major cogeneration centres in Beijing, this project firstly introduced the most efficient world-class F-grade gas turbine in the PRC thus setting a new record of the maximum heat supply capacity, minimum power consumption for power generation and highest annual thermal efficiency for the same type of generating units in the PRC and attaining a leading and international class design standard in the PRC. The construction of this project will have an active demonstrating effect on the construction of subsequent gas co-generation centres in Beijing and will satisfy the heat demand of Beijing city, enhance energy supply safety and make a significant contribution to the optimization of the energy structure. 
    The estimated total dynamic investment of this project is approximately RMB3.197 billion, of which 25% is project capital which shall be contributed by the Company, Beijing Jingneng International Energy Limited and China Hua Neng Group Hong Kong Limited according to the ratio of 41%, 34% and 25%, respectively. The remaining investment will be funded by bank loans.

    About Huaneng Power
    The Company is one of China's largest listed power producers with controlled generation capacity of 50,033MW and equity-based generation capacity of 46,512MW. The power plants of the Company are located in 17 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
     Ms. Katy CHAN / Mr. John GAO
     Tel:   +852-3970-2119 / +852-3970-2186
     Fax:   +852-2815-1352
     Email: katychan@wsfg.hk /johngao@wsfg.hk 
 



Source: Huaneng Power International, Inc.
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