BEIJING, Oct. 11, 2012 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI" or the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced that Huaneng Suzhou Gas-fired Co-generation Project (which is wholly-owned by the Company) (the "Project") had recently received approval from the Development and Reform Commission of the Jiangsu Province.
The Project will build two sets of 200MW class (E-class) combined cycle gas turbine co-generation units with an estimated investment of RMB1.474 billion. Twenty percent of the investment will be project capital to be contributed by the Company, and the remaining investment will be funded by bank loans.
About the CompanyThe Company is one of China's largest listed power producers with controlled generation capacity of 60,317MW and equity-based generation capacity of 55,357MW. 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 / +86-10-6322-6596 Fax: +8610-6641-2321 Email: email@example.com
Wonderful Sky Financial Group Limited Ms. Linda Wong / Ms. Yolanda Wang / Ms. Sharon Xie / Ms. Sharon Lau Tel: +852-2851-1038Fax: +852-2865-1638Email: firstname.lastname@example.org / email@example.com / firstname.lastname@example.org / email@example.com SOURCE Huaneng Power International, Inc.