Huaneng Power International, Inc. Obtains Approval on Jiangsu Rudong Wind Power Generation Company Limited Wind Farm Phase I Pr

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  Published in Business and Finance on Thursday, April 12th 2012 at 6:05 GMT by Market Wire

Huaneng Power International, Inc. Obtains Approval on Jiangsu Rudong Wind Power Generation Company... -- BEIJING, April 12, 2012 /PRNewswire-Asia/ --

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BEIJING, April 12, 2012 /PRNewswire-Asia/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: [ HNP ]; HKEx: 902; SSE: 600011) today announced that Huaneng Rudong Wind Power Generation Company Limited Wind Farm Phase I Project (the "Project") (in which the company has controlling interest) was recently approved by the Development and Reform Commission of the Jiangsu Province.

The Project will be constructed with generation capacity of 48MW. The total investment of the Project is estimated to be approximately RMB452 million, of which RMB120 million, or 25% of the total investment, will be project capital to be funded by Rudong Wind Power Generation Company Limited. The remaining investment will be funded by bank loans or from owners of the Project.

About the Company

The Company is one of China's largest listed power producers with controlled generation capacity of 60,375 MW and equity-based generation capacity of 55,350 MW. The power plants of the Company are located in 19 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.