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Guangxi Distributed Energy Project And Hunan Wind Farm Project Obtained Approvals

BEIJING, Oct. 11, 2013 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) announced that the Distributed Energy Project for Guangxi Huaneng Guilin World Tourist City and Huaneng Hunan Guidong Hankou Wind Farm Project (both of which are wholly owned by the Company) had obtained approvals from the Development and Reform Commission of Guangxi Zhuang Autonomous Region and the Development and Reform Commission of Hunan Province, respectively.

The Distributed Energy Project for Guangxi Huaneng Guilin World Tourist City will consist of four sets of 42MW gas turbine generation units, four sets of double-pressured heat recovery boilers, three sets of 21MW extraction condensing turbine and one set of 6MW back pressure turbine, with an aggregate maximum power generation capacity of 237MW and maximum heat supply capacity of 727.7GJ/h. The estimated total investment of the project amounts to RMB1.214 billion. 20% of the investment will be project capital to be contributed from internal funds of the Company while the remaining part will be funded by bank loans.

The Huaneng Hunan Guidong Hankou Wind Farm Project has a planned installed capacity of 48MW with an estimated total investment of RMB 445 million. 20% of the investment will be project capital to be contributed from internal funds of the Company while the remaining part will be funded by bank loans.

About the Company

The Company is one of China's largest listed power producers with controlled generation capacity of 66,341 MW and equity-based generation capacity of 59,155 MW. 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.

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Stock quotes in this article: HNP 

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