HUNGF Huaneng Power International (PK)

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

POWER GENERATION WITHIN CHINA INCREASES BY 11.04% FOR THE FIRST THREE QUARTERS OF 2018

This announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

According to the preliminary statistics of Huaneng Power International, Inc., (the “ Company ”), in the third quarter of 2018, the Company’s total power generation by power plants within China on consolidated basis amounted to 116.489 billion kWh, representing an increase of 8.27% over the same period last year. Total electricity sold by the Company amounted to 109.520 billion kWh, representing an increase of 8.34% over the same period last year. For the first three quarters of 2018, the Company’s total power generation by the power plants within China on consolidated basis amounted to 326.755 billion kWh, representing an increase of 11.04% over the same period last year. Total electricity sold by the Company amounted to 307.819 billion kWh, representing an increase of 11.04% over the same period last year. In the first three quarters of 2018, the Company’s average ongrid electricity sales price for its power plants within China amounted to RMB417.12 per MWh, representing an increase of 1.99% over the same period last year.

The increase in the Company’s power generation was mainly attributable to the following factors:

 

The power generation (in billion kWh) in each region of the Company’s domestic power plants are listed below:

For the third quarter of 2018, the power generation of Tuas Power Limited in Singapore, which is wholly-owned by the Company, accounted for a market share of 20.6% in Singapore, representing a decrease of 1.8 percentage points compared to the same period last year (22.4%). In the first three quarters of 2018, the accumulated power generation accounted for a market share of 20.8%, representing a decrease of 1 percentage point compared to the same period last year.

The Company’s wholly-owned Heilongjiang Shuangyu Photovoltaic Project with a total capacity of 13.4 MW, the 34 MW Chongqing Fengjie Jinfengshan Wind Farm, the 37.4 MW Jiangxi Gaolongshan Wind Farm, the Hubei Zhongxiang Hujiawan Wind Power Project with a total capacity of 126MW and the 13.8 MW Jiangsu Yizheng Wind Farm, and the Hainan Chengmai Photovoltaic Project with a total capacity of 32MW (in which the Company has a 91.8% interest) were put into operation in the third quarter respectively.

In addition, in August 2018, Huaneng Shandong Power Generation Co., Ltd. (a subsidiary 80% owned by the Company) acquired from Huaneng Taishan Power Co., Ltd. a 15% interest in Shandong Laiwu Power Generation (total installed capacity of 2000 MW), a 75% interest in Shandong Liaocheng Cogeneration (total installed capacity of 280 MW), an 80% interest in Shandong Laiwu Cogeneration (total installed capacity of 660 MW) and an 80% interest in Shandong Laizhou Wind Power (total installed capacity of 98.3 MW), thus resulting in changes in the Company’s controlled and equity-based installed capacity.

Meanwhile, the installed capacity of certain power plants invested by the Company changed in the third quarter of 2018.

Based on the above, as of 30 September 2018, the Company had a controlled installed capacity of 105,720 MW and an equity-based installed capacity of 93,386 MW.

As at the date of this announcement, the Directors of the Company are:

Beijing, the PRC
19 October 2018

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