Huaneng Power International, Inc. Power Generation Increases 31.7% in 2005
Posted on: Wednesday, 11 January 2006, 06:00 CST
BEIJING, Jan. 11 /Xinhua-PRNewswire-FirstCall/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its results of power generation in 2005.
Based on preliminary statistics, as of December 31, 2005, the Company's total power generation based on a consolidated basis for the year was 150.505 billion kWh, an increase of 31.7% over the same period last year. The power generation of Yushe Power Plant, Huaiyin Power Plant, Qinbei Power Plant, Jining Power Plant and Shantou Power Plant increased significantly.
The increase in power generation of the Company's power plants in 2005 was mainly attributed to the following reasons:
1. Power plants acquired in 2004, such as Luohuang Power Plant, Yueyang Power Plant, Yingkou Power Plant, Jinggangshan Power Plant, Pingliang Power Plant and Sichuan Hydro Power have made significant contribution to the increase of the Company's power generation; 2. Yushe Power Plant Phase II and Qinbei Power Plant which were put into operation in the second half of 2004, and Huaiyin Power Plant Phase II and Shantou Power Plant Phase II which were put into operation in 2005 have contributed stable generation in 2005; 3. As a result of rapid economic growth, power demand in the regions where the Company's power plants operated remained strong, thereby providing favorable market conditions for the power generation of the Company; 4. As there were less new generating units being put into operation recently in Shandong power grid, the Company's power plants in Shandong region has posted comparatively rapid growth; 5. Safe and stable operation of generating units has also ensured the growth in the Company's power generation.
The power generation of each of the Company's power plants in 2005 was listed below (in billion kWh):
Dalian 9.234 Changxing 1.921 Fuzhou 9.215 Taicang 3.969 Nantong 8.403 Huaiyin 6.030 Shangan 8.450 Yushe 5.422 Shanghai Shidongkou Second 7.958 Qinbei 7.448 Shantou Coal-fired 5.455 Xindian 2.655 Shantou Oil-fired 0.005 Yingkou 4.680 Dandong 4.238 Jinggangshan 3.467 Nanjing 3.936 Yueyang 4.566 Dezhou 15.060 Luohuang 8.357 Jining 3.416 Pingliang 8.073 Weihai 4.887 Sichuan Hydro Power 6.053 Shanghai Shidongkou First 7.607
The Company develops, constructs, operates and manages power plants in China nationwide, with a total generation capacity of 22,253MW on an equity basis. The Company wholly owns sixteen operating power plants, and has controlling interests in ten operating power companies and minority interests in four operating power companies. Today, it is one of the largest independent power producers in China.
For further information, please contact: Ms. Meng Jing / Ms. Zhao Lin Huaneng Power International, Inc. Tel: +86-10-6649-1856 / 1866 Fax: +86-10-6649-1860 Email: ir@hpi.com.cn Mr. Edwin Ng / Ms. Edith Lui / Ms. Christy Lai Rikes Communications Limited Tel: +852-2520-2201 Fax: +852-2520-2241
Huaneng Power International, Inc.
CONTACT: Ms. Meng Jing or Ms. Zhao Lin, both of Huaneng PowerInternational, Inc., +86-10-6649-1856 or 1866, or fax, +86-10-6649-1860, orir@hpi.com.cn; Mr. Edwin Ng or Ms. Edith Lui or Ms. Christy Lai, all of RikesCommunications Limited for Huaneng Power International, Inc., +852-2520-2201,or fax, +852-2520-2241
Source: PRNewswire
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