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Mon, December 5, 2011

Huaneng Power International, Inc. Announces Adjustments of On-grid Tariffs


Published on 2011-12-05 06:46:36 - Market Wire
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Huaneng Power International, Inc. Announces Adjustments of On-grid Tariffs -- BEIJING, Dec. 5, 2011 /PRNewswire-Asia/ --

Huaneng Power International, Inc. Announces Adjustments of On-grid Tariffs

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BEIJING, Dec. 5, 2011 /PRNewswire-Asia/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: [ HNP ] ; HKEx: 902 ; SSE: 600011) announced the adjustments of tariffs of its power plants today.

The Company has recently received the notice from the National Development and Reform Commission ("NDRC") in connection with the adjustment of electricity tariff in northern, eastern, central, northeastern, northwestern and southern China, in which notice the State has decided to make proper adjustment to electricity tariff in order to address the coal-electricity pricing inconsistencies and to ensure electricity supply.

Pursuant to the tariff adjustment document issued by NDRC, the tariffs of the Company's domestic power plants will be adjusted as follows:


Domestic 
Power Plant

Generating
unit(s)

On-grid tariff before
adjustment
(RMB/MWh)
(including tax)

Adjustment
(RMB/MWh)
(including tax)

On-grid tariff after
adjustment
(RMB/MWh)
(including tax)

Liaoning Province





Dalian

Units 1-4

378.9

35.3

414.2

Dandong

Units 1-2

380.7

33.5

414.2

Yingkou Co-generation

Units 1-2

392.2

22

414.2

Yingkou

Units 1-4

392.2

22

414.2

Hebei Province





Shang'an

Units 1-4

417.2

28.3

445.5


Units 5-6

401.7

28.3

430

Gansu Province





Pingliang

Units 1-6

308.3

26

334.3

Beijing





Beijing Co-generation

Units 1-4

491.8

27.5

519.3

Tianjin





Yangliuqing 
Co-generation

Units 5-6

438.6

28

466.6


Units 7-8

383.8

28

411.8

Shanxi Province





Yushe

Units 1-4

367.2

29.5

396.7

Shandong Province





Dezhou

Units 1-6

448.4

25

473.4

Weihai

Units 3-4

488

25

513

Jining

Units 1-2

426.4

33

459.4


Units 5-6

426.4

25

451.4

Xindian

Units 5-6

428.8

25

453.8

Rizhao Phase II

Units 3-4

421.9

25

446.9

Zhanhua Co-generation

Units 1-2

421.9

25

446.9

Henan Province





Qinbei

Units 1-4

411.2

28

439.2

Jiangsu Province 





Nantong

Units 1-4

429

26

455

Nanjing

Units 1-2

429

26

455

Taicang

Units 1-4

433.1

25

458.1

Huaiyin

Units 1-2

425

30

455


Units 3-6

430

25

455

Jinling II

Units 1

430

33

463

Shanghai





Shidongkou I

Units 1-4

441.1

26

467.1

Shidongkou Power

Units 1-2

457.3

28

485.3

Shidongkou II

Units 1-2

426.1

26

452.1

Chongqing





Luohuang

Units 1-6

411.1

38

449.1

Zhejiang Province





Yuhuan

Units 1-4

457

33

490

Hunan province





Yueyang

Units 1-5

464.4

37

501.4

Jiangxi Province





Jinggangshan

Units 1-2

454.2

37

491.2

Jinggangshan II

Units 3-4

448.2

37

485.2

Fujian Province





Fuzhou

Units 1-2

424.9

35.4

460.3


Units 3-4

439.9

27.4

467.3


Units 5-6

417.4

35.4

452.8

Guangdong Province





Shantou Coal-fired

Units 1-2

542.51

23

565.51


Units 3

498

23

521

Haimen

Units 1-2

498

31

529

Yunnan Province





Diandong 

Units 1-4

334.6

26

360.60

Yuwang

Units 1-2

334.6

26

360.60




Of the adjustments of on-grid tariffs, the Company's power plants located in Shanghai, Zhejiang, Jiangsu, Fujian, Guangdong and Beijing, etc., in respect of which denitrification devices have been installed and operated, will charge an additional denitrification tariff equal to RMB0.8 cent/KWh for the time being, subject to inspection by and acceptance from the Environmental Protection Department of the State or provincial level as well as the approval from the pricing authority of provincial level.

The above tariff adjustments have been implemented since 1 December 2011. After such adjustments on the on-grid electricity tariffs, the weighted average on-grid electricity tariffs for capacities of the Company's generating units with tariff adjustments for 2012 will increase by RMB28.8 yuan/MWh.

About the Company

The Company is one of China's largest listed power producers with controlled generation capacity of 56,419 MW and equity-based generation capacity of 52,292.5MW. The power plants of the Company are located in 18 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) 6641 2321
Email: [ zqb@hpi.com.cn ]

Wonderful Sky Financial Group Limited
Mr. Hon Fung / Ms. Yolanda Wang / Mr. Tony Chen / Ms. Sharon Lau
Tel: (852) 2851 1038
Fax: (852) 2865 1638
Email:[ hf@wsfg.hk ] / [ yolandawang@wsfg.hk ] / [ tonychen@wsfg.hk ] / [ sharonlau@wsfg.hk ]

SOURCE Huaneng Power International, Inc.

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