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Huaneng Power International, Inc. Project Approval Obtained on Huaneng Jinggangshan Power Plant Phase II

Huaneng Power International, Inc.
2008-12-09 18:35 947

BEIJING, Dec. 9 /PRNewswire-Asia-FirstCall/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announces that a 600MW domestic ultra-supercritical coal-fired generating unit of the Phase II project at Huaneng Jinggangshan Power Plant, in which the Company owns 100% equity interest, has recently been approved by the National Development and Reform Commission.

(Logo: http://www.prnasia.com/sa/200705141256.JPG )

The project at Huaneng Jinggangshan Power Plant Phase II will concurrently install high-performance electrostatic precipitators, flue-gas desulphurisation and denitrification facilities as well as a flue-gas continuous emission monitoring system. Various emission indices at the power plant will satisfy the environmental protection requirements of the State.

The total investment amount of the project is estimated to be approximately RMB2.52 billion, of which 25% is equity capital to be funded by internal funds of the Company. The remaining investment will be funded by bank loans.

Huaneng Power International, Inc. has a total generation capacity of 37,593MW on an equity basis and a controlling installed generation capacity of 40,989MW. The Company wholly owns sixteen operating power plants, an operating power company, and has controlling interests in thirteen operating power companies and minority interests in five operating power companies. Currently, it is one of the largest listed power producers in China.

For enquiries, please contact:

Ms. Meng Jing / Ms. Zhao Lin

Huaneng Power International, Inc.

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

Fax: +86-10-6649-1860

Email: zqb@hpi.com.cn

Ms. Carrie Lam / Mr. Karl Cheung

Rikes Hill & Knowlton Limited

Tel: +852-2520-2201

Fax: +852-2520-2241

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