Huaneng Power International, Inc. Suzhou Gas-fired Co-generation Project Receives Approval

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  Published in Business and Finance on Thursday, October 11th 2012 at 4:02 GMT by Market Wire
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Huaneng Power International, Inc. Suzhou Gas-fired Co-generation Project Receives Approval -- BEIJING, Oct. 11, 2012 /PRNewswire/ --

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BEIJING, Oct. 11, 2012 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI" or the "Company") (NYSE: [ HNP ]; HKEx: 902; SSE: 600011) today announced that Huaneng Suzhou Gas-fired Co-generation Project (which is wholly-owned by the Company) (the "Project") had recently received approval from the Development and Reform Commission of the Jiangsu Province.

The Project will build two sets of 200MW class (E-class) combined cycle gas turbine co-generation units with an estimated investment of RMB1.474 billion. Twenty percent of the investment will be project capital to be contributed by the Company, and the remaining investment will be funded by bank loans.

About the Company

The Company is one of China's largest listed power producers with controlled generation capacity of 60,317MW and equity-based generation capacity of 55,357MW. 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: +86-10-6608-6765 / +86-10-6322-6596        　　　
Fax: +8610-6641-2321                     　   　　　
Email: [ zqb@hpi.com.cn ]

Wonderful Sky Financial Group Limited
Ms. Linda Wong / Ms. Yolanda Wang / Ms. Sharon Xie / Ms. Sharon Lau
Tel: +852-2851-1038
Fax: +852-2865-1638
Email: [ lindawong@wsfg.hk ] / [ yolandawang@wsfg.hk ] / [ sharonxie@wsfg.hk ] / [ sharonlau@wsfg.hk ]

SOURCE Huaneng Power International, Inc.