Forbes (Free subscription) | 07/16/2008
Huaneng Power International and Huadian Power International expect to post losses for the first half of 2008; companies are hopeful that rate hikes will lead them back to the black.
PR News Wire (Free subscription) | 07/15/2008
BEIJING, July 15/Xinhua-PRNewswire-FirstCall/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) announced today its power generation for the first half year of 2008. (Logo: ) Based on the Company's preliminary statistics, as of 30 June 2008, the Company's total power generation based on a consolidated basis amounted to 91.448 billion kWh, an increase of 13.43%...
Market Wire (Free subscription) | 07/14/2008
BEIJING (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- Under the mandate of Huaneng Power International Incorporated (NYSE: HNP) (Beijing), an examination meeting was held for the feasibility study report of the Huaneng Jinling Power Plant Phase II expansion project in Qilihe Town, Nanjing, in eastern China's Jiangsu province. Plans were approved for one 1,000-megawatt...
PR News Wire (Free subscription) | 07/07/2008
BEIJING, July 7 /Xinhua-PRNewswire-FirstCall/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) announced today the adjustments of tariffs of its power plants. (Logo: ) Pursuant to a notice recently issued by the National Development and Reform Commission (the "NDRC"), the NDRC decided to adjust the on-grid tariffs of the power plants in the power grids of...
Singapore News Alternative (Free subscription) | 07/02/2008
TradingMarkets.com 1 Jul 2008 BEIJING, Jul 01, 2008 (Xinhua via COMTEX) -- HNP | Quote | Chart | News | PowerRating -- Huaneng Power International (600011.SH; 0902.HK; HNP.NYSE) said Tuesday that it has basically completed the work to buy out SinoSing Power from its parent company Huaneng Group, upon approval by competent authorities. Upon full completion of the deal, the company will add 2,670 megawatts...
PR News Wire (Free subscription) | 06/30/2008
BEIJING, June 30 /Xinhua-PRNewswire-FirstCall/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced the completion of the transfer of 100% equity interest in SinoSing Power Pte. Ltd. ("SinoSing Power") from China Huaneng Group ("Huaneng Group") to the Company. On 29 April 2008, the Company entered into an agreement with Huaneng Group relating to...
China Digital Times (Free subscription) | 06/04/2008
From AP: The son of former Chinese Premier Li Peng has been appointed deputy governor of a major northern province, reports said Tuesday. Li Xiaopeng, 49, has resigned as chairman of state-owned Huaneng Power International, the country's largest independent power company, leading Chinese financial magazine Caijing and Hong Kong's Ming Pao newspaper ...
People Daily (Free subscription) | 06/04/2008
Li Xiaopeng has resigned as chairman of China Huaneng Group, the country's largest power generation company. "Li will leave Huaneng due to change of work arrangements," the company's listed arm Huaneng Power International Inc said in a s ...
The Dragon Wisdom (Free subscription) | 04/23/2008
Huaneng Power International said its first quarter net profits fell by almost 80% to US$34.6 million, the South China Morning Post reported. This compares to a net profit of US$171.7 million recorded in the first quarter of the previous year. The listed unit of China's largest power producer China Huaneng Group said profit margins were hurt by rising coal costs and a government-mandated 21-month power...
PR News Wire (Free subscription) | 04/16/2008
BEIJING, April 16 /Xinhua-PRNewswire-FirstCall/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announces its power generation in the first quarter of 2008. Based on the Company's preliminary statistics, as of 31 March 2008, the Company's total power generation based on a consolidated basis amounted to 46.103 billion kWh, an increase of 18.62% over the...
People Daily (Free subscription) | 03/27/2008
Huaneng Power International, the mainland's largest electricity producer, posted a disappointing 1.48 percent rise in profit in 2007 as price curbs prevented the company from passing the rise in coal costs to consumers. Earnings rose 2 p ...
PR News Wire (Free subscription) | 03/25/2008
Profit Attributable to Equity Holders of the Company Amounts to RMB6.161 Billion BEIJING, March 25 /Xinhua-PRNewswire-FirstCall/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its annual operating results for the year ended 31 December 2007 prepared in accordance with International Financial Reporting Standards ("IFRS"). Consolidated operating...
PR News Wire (Free subscription) | 03/25/2008
BEIJING, March 25 /Xinhua-PRNewswire-FirstCall/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced that, on March 25, 2008, the Company and China Huaneng Group ("Huaneng Group"), the Company's ultimate controlling shareholder, signed a Letter of Intent on Transfer of the Equity of SinoSing Power Pte. Ltd. (the "Letter of Intent"). SinoSing Power...
People Daily (Free subscription) | 01/14/2008
Huaneng Power International Inc, one of China's largest listed power producers, said Monday its 6 billion yuan (about 826.4 million U.S. dollars) worth of corporate bonds issued in December would become tradable on Tuesday. The bond ...
People Daily (Free subscription) | 01/11/2008
Huaneng Power International said on Friday that its 2007 electricity output rose 13.2 percent year-on-year after it built and acquired new capacity. Growth-driven power demand and better marketing also helped its electricity sales grow, Hua ...
