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Home > Company Index > Utilities > Electric Utilities > Huaneng Power International, Inc.

Huaneng Power International, Inc.
NYSE: HNP
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 NEWS FROM THE WIRES
Huaneng Power H1 net up 38.03 pct yr/yr
Aug 09 2001 04:57 AM PDT

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 PROFILE
Huaneng Power International was already China's largest independent power producer, but its acquisition of rival Shandong Huaneng Power Development has made it even bigger. The purchase has boosted the Huaneng Power's generating capacity to more than 10,800 MW, with facilities for an additional 12,900 MW under construction. The company owns and operates nine power plants in seven coastal provinces, including Fujian, Guangdong, Hebei, Jiangsu, and Liaoning, and it develops and builds plants nationwide. Huaneng International Power Development Corporation, a power plant developer, owns 42% of Huaneng Power.

 COMPETITION
CLP Holdings Limited (CLPHY)
East China Electric Power Group Corp. (dossier)
State Power Corporation of China (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,516.40
1-Yr. Sales Growth: 19.7%

 KEY PEOPLE
• Ye Daji
    CEO
• Huang Jian
    CFO

 CONTACT INFO
West Wing, Building C, Tianyin Mansion
Xicheng District Beijing, China
Phone: 86-10-6649-1999
Fax: 86-10-6649-1860
Online: Web Site

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