omniture

Huaneng Power International, Inc. Adjustment Of Tariffs

2015-04-29 21:10 1641

BEIJING, April 29, 2015 /PRNewswire/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its adjustment of tariffs.

The Company recently received a notice on reducing the on-grid tariffs of coal-fired power generators and the tariff for industrial and commercial customers from the National Development and Reform Commission. In line with the power system reform objectives and pursuant to the relevant provisions regarding the coal-electricity linked pricing mechanism, the State has decided to make appropriate downward adjustment to the on-grid tariffs of coal-fired power generators and the tariff for industrial and commercial customers, and appropriately adjust the tariff for gas-fired power generators in certain regions. According to the documents on tariffs adjustment provided by the National Development and Reform Commission and the local price bureaus, the on-grid tariffs of the Company's domestic power plants were adjusted as follows:

Domestic Power Plants

On-grid Tariffs before Adjustment (RMB/MWh)

Change(RMB/MWh)

On-grid Tariffs after Adjustment

Liaoning Province

Dalian

399.40

-18.10

381.30

Dandong

402.40

-18.10

384.30

Yingkou

402.40

-18.10

384.30

Yingkou Co-generation

404.40

-18.10

386.30

Hebei Province

Shang'an

427.99

-32.00

395.99

Gansu Province

Pingliang

328.90

-3.90

325.00

Beijing

Beijing Co-generation

(Coal-fired)

491.61

-15.49

476.12

Beijing Co-generation

(Combined Cycle)

650.00

-

650.00

Tianjin

Yangliuqing Co-generation

432.30

-23.40

408.90

Lingang Combined Cycle

650.00

80.00

730.00

Shanxi Province

Yushe

387.20

-23.40

363.80

Zuoquan

377.20

-23.40

353.80

Shandong Province

Dezhou

463.40

-20.20

443.20

Jining

444.00

-20.20

423.80

Xindian

445.30

-20.20

425.10

Weihai

460.21

-20.20

440.01

Rizhao Phase II

438.60

-20.20

418.40

Zhanhua Co-generation

432.60

-20.20

412.40

Henan Province

Qinbei

419.10

-19.40

399.70

Jiangsu Province

Nantong

431.00

-21.40

409.60

Nanjing

431.00

-21.40

409.60

Taicang

434.10

-21.40

412.70

Huaiyin

431.00

-21.40

409.60

Jinling (Combined-cycle)

606.00

84.00

690.00

Jinling (Coal-fired)

435.00

-21.40

413.60

Jinling (Combined-cycle

Co-generation)

690.00

-

690.00

Suzhou Co-generation

510.00

-21.40

488.60

Shanghai

Shidongkou First

449.10

-23.40

425.70

Shidongkou Second

434.10

-17.40

416.70

Shanghai Combined-cycle

534 for Generation Tariff

45.83RMB/KW per month for Capacity tariff

35.60 for Generation Tariff

569.6 for Generation Tariff 45.83RMB/KW per month for Capacity tariff

Shidongkou Power

459.30

-23.40

435.90

Chongqing

Luohuang

438.30

-17.00

421.30

Liangjiang Combined Cycle

-

-

629.00

Zhejiang Province

Yuhuan

458.00

-12.70

445.30

Changxing

431.00

-12.70

418.30

Tongxiang Combined Cycle

904.00

-

904.00

Si'an PV

1,100.00 for Tariff of centralized on-grid power and 978.00 for on-grid power after self-use

-12.7 for on-grid power after self-use

1,100.00 for Tariff of centralized on-grid power and 965.30 for on-grid power after self-use

Hubei Province

Wuhan

460.89

-17.60

443.29

Jingmen Co-generation

432.20

-17.60

414.60

Yingcheng Co-generation

432.20

-17.60

414.60

Hunan Province

Yueyang

494.00

-22.00

472.00

Jiangxi Province




Jinggangshan

459.50

-15.90

443.60

Jinggangshan Second

455.50

-15.90

439.60

Ruijin

455.50

-15.90

439.60

Anhui Province

Chaohu

428.40

-21.50

406.90

Fujian Province

Fuzhou

445.62

-30.40

415.22

Guangdong Province

Shantou Coal-fired

524.26

-28.50

495.76

Haimen

502.00

-28.50

473.50

Haimen Power

502.00

-28.50

473.50

Yunnan Province

Diandong Energy

372.60

-16.30

356.30

Yuwang Energy

372.60

-16.30

356.30

Hainan Province




Haikou

470.03

-25.00

445.03

Dongfang

474.30

-25.00

449.30

Nanshan Combined Cycle

465.80

200.00

665.80






The above adjustment to tariffs has been effective as of 20 April 2015. Following the adjustment to on-grid tariffs, it is expected that the average on-grid tariff for coal-fired power generators of the Company will decrease by approximately RMB20.64/MWh based on the weighted average on-grid power generation for the Company. Having considered the tariff increase for gas-fired generators, the average tariff of the Company will be lowered by approximately RMB17.82/MWh.

About Huaneng Power International, Inc.
Huaneng Power International, Inc. is one of China's largest listed power producers with controlled generation capacity of 78,693 MW and equity-based generation capacity of 70,736MW. Its power plants are located in 21 provinces, municipalities and autonomous regions in China. It also has a wholly-owned power company in Singapore.

For Enquires, Please Contact
Huaneng Power International, Inc.
Ms. MENG Jing / Ms. ZHAO Lin
Tel: (86 10) 6608 6765 / 6322 6596
Fax: (86 10) 6641 2321
E-mail: zqb@hpi.com.cn
Wonderful Sky Financial Group Limited
Wonderful Sky Financial Group Limited
Ms. Erica Tao / Ms. Shiloh Xiang
Tel: (852) 2851 1038
Fax: (852) 2865 1638
Email: ericatao@wsfg.hk / shilohxiang@wsfg.hk

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/huaneng-power-international-inc-adjustment-of-tariffs-300074198.html

Source: Huaneng Power International, Inc.
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