Huaneng Power International, Inc. Announces Adjustments of On-grid Tariffs

BEIJING, Dec. 5, 2011 /PRNewswire-Asia/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: HNP ; HKEx: 902 ; SSE: 600011) announced the adjustments of tariffs of its power plants today.

The Company has recently received the notice from the National Development and Reform Commission ("NDRC") in connection with the adjustment of electricity tariff in northern, eastern, central, northeastern, northwestern and southern China, in which notice the State has decided to make proper adjustment to electricity tariff in order to address the coal-electricity pricing inconsistencies and to ensure electricity supply.

Pursuant to the tariff adjustment document issued by NDRC, the tariffs of the Company's domestic power plants will be adjusted as follows:

Of the adjustments of on-grid tariffs, the Company's power plants located in Shanghai, Zhejiang, Jiangsu, Fujian, Guangdong and Beijing, etc., in respect of which denitrification devices have been installed and operated, will charge an additional denitrification tariff equal to RMB0.8 cent/KWh for the time being, subject to inspection by and acceptance from the Environmental Protection Department of the State or provincial level as well as the approval from the pricing authority of provincial level.

The above tariff adjustments have been implemented since 1 December 2011. After such adjustments on the on-grid electricity tariffs, the weighted average on-grid electricity tariffs for capacities of the Company's generating units with tariff adjustments for 2012 will increase by RMB28.8 yuan/MWh.

About the Company

The Company is one of China's largest listed power producers with controlled generation capacity of 56,419 MW and equity-based generation capacity of 52,292.5MW. The power plants of the Company are located in 18 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: [email protected]

Wonderful Sky Financial Group Limited
Mr. Hon Fung / Ms. Yolanda Wang / Mr. Tony Chen / Ms. Sharon Lau
Tel: (852) 2851 1038
Fax: (852) 2865 1638
Email:[email protected] / [email protected] / [email protected] / [email protected]

SOURCE Huaneng Power International, Inc.