BEIJING, Feb. 11, 2014 /PRNewswire/ -- Huaneng Power
International, Inc. ("HPI" or the "Company") (NYSE: HNP; HKEx: 902;
SSE: 600011) announced the adjustment of on-grid tariffs of its gas
fired power plants.
The Company recently received the Notification from Beijing
Municipal Development and Reform Commission Regarding Adjustment of
the Temporary Settlement On-Grid Tariffs of Beijing Municipal Gas
Fired Power Generation Enterprises (Jing Fa Gai [2014] No. 117) and
the Notification from Shanghai Municipal Pricing Bureau Regarding
Resolving the Tariffs Conflict of Shanghai Municipal (Hu Jia Guan [2014] No. 3). According to the
aforesaid tariffs adjustment documents, the on-grid tariffs of the
Company's domestic gas fired power plants will be adjusted as set
out below.
The temporary settlement on-grid tariffs of Beijing
Co-generation will be adjusted to RMB
650/MWh. The on-grid tariffs of Shanghai Combined-cycle will
be divided into two parts, i.e. generation tariffs and capacity
tariffs. Pursuant to such adjustment, the generation tariffs will
increase to RMB 534/MWh while the
subsidy in the form of capacity tariffs will remain unchanged.
Based on the installed generation capacity of Shanghai
Combined-cycle, the subsidy is RMB45.83/KW per month.
The above mentioned adjustment on tariffs has been effective as
of 20 January 2014.
About the Company
The Company is one of China's
largest listed power producers with controlled generation capacity
of 66,795MW and equity-based generation capacity of 59,625MW. 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
Ms.
Olive Zhang / Ms. Erica Tao / Mr. Henry Li / Ms. Irene Gao
Tel: (852) 2851 1038
Fax: (852) 2865 1638
Email: olivezhang@wsfg.hk / ericatao@wsfg.hk /
henryli@wsfg.hk / irenegao@wsfg.hk
SOURCE Huaneng Power International, Inc.