Huaneng Power International, Inc. Adjustment of On-grid Tariffs
BEIJING, Sept. 17, 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 coal fired power plants.
The Company recently received the Notification from National Development and Reform Commission regarding the Adjustment of the On-Grid Tariffs of Power Enterprises. In order to thoroughly implement the "Notice of the National Development and Reform Commission to further resolve the tariffs conflict in terms of environmental protection", the State has decided to, on premises of maintaining the constant level of the sales price; make appropriate adjustment to the level of the coal-fired tariffs.
According to National Development and Reform Commission's price adjustment documents, the level of the on-grid tariffs of the HPI's domestic power plants will be adjusted as follows:
Domestic Power Plant |
On-grid Tariffs |
Change |
On-grid Tariffs |
|
Liaoning Province |
||||
Dalian |
408.2 |
-9.8 |
398.4 |
|
Dandong |
412.2 |
-9.8 |
402.4 |
|
Yingkou |
402.2 |
-9.8 |
392.4 |
|
Yingkou Co-generation |
412.2 |
-9.8 |
402.4 |
|
Hebei Province |
||||
Shang'an |
432.52 |
-8.2 |
424.32 |
|
Gansu Province |
||||
Pingliang |
328.31 |
-4 |
324.31 |
|
Beijing |
||||
Beijing Co-generation |
497.35 |
-5.74 |
491.61 |
|
Tianjin |
||||
Yangliuqing Co-generation |
435.2 |
-5.4 |
429.8 |
|
Shanxi Province |
||||
Yushe |
397.7 |
-11.5 |
386.2 |
|
Zuoquan |
388.7 |
-11.5 |
377.2 |
|
Shandong Province |
||||
Dezhou |
469.06 |
-8.1 |
460.96 |
|
Weihai |
468.31 |
-8.1 |
460.21 |
|
Jining |
445.87 |
-8.1 |
437.77 |
|
Xindian |
452.4 |
-8.1 |
444.3 |
|
Rizhao Phase Ⅱ |
445.7 |
-8.1 |
437.6 |
|
Zhanhua Co-generation |
435.7 |
-8.1 |
427.6 |
|
Henan Province |
||||
Qinbei |
438.2 |
-19.1 |
419.1 |
|
Jiangsu Province |
||||
Nantong |
440.5 |
-11 |
429.5 |
|
Nanjing |
440 |
-11 |
429 |
|
Taicang |
445 |
-11 |
434 |
|
Huaiyin |
438 |
-11 |
427 |
|
Jinling(Coal-fired) |
440 |
-11 |
429 |
|
Shanghai |
||||
Shidongkou First |
444.6 |
-11 |
439.6 |
|
Shidongkou Second |
437.1 |
-11 |
432.1 |
|
Shidongkou Power |
462.3 |
-11 |
457.3 |
|
Chongqing |
||||
Luohuang |
440.65 |
-6.8 |
433.85 |
|
Zhejiang Province |
||||
Yuhuan |
469 |
-11 |
458 |
|
Hunan Province |
||||
Yueyang |
497.9 |
-5.9 |
492 |
|
Jiangxi Province |
||||
Jianggangshan |
485.51 |
-31.7 |
453.81 |
|
Fujian Province |
||||
Fuzhou |
448.12 |
-4.5 |
443.62 |
|
Guangdong Province |
||||
Shantou Coal-fired |
536.26 |
-12 |
524.26 |
|
Haimen |
500.5 |
-12 |
488.5 |
The above mentioned tariff adjustments have been effective since 1 September 2014. Following the adjustment of the on-grid tariffs and based on the estimation of the weighted average electricity sold with the adjusted tariffs of the HPI's power plants, the average on-grid tariffs of the Company is expected to be reduced by RMB9.44/MWh.
About the Company
The Company is one of China's largest listed power producers with controlled generation capacity of 66,888MW and equity-based generation capacity of 60,184MW. 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 / 6322 6596
Fax: +86-10-6641-2321
Email: [email protected]
Wonderful Sky Financial Group Limited
Ms. Erica Tao /Ms. Michelle Tang/ Ms. Shiloh Xiang
Tel: +852-2851-1038
Fax: +852-2865-1638
Email: [email protected] / [email protected] / [email protected]
SOURCE Huaneng Power International, Inc.
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