China Huaneng Group Accelerates Nationwide Development

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Researched by Industrial Info Resources (Sugar Land, Texas)--China Huaneng Group (CHNG) (Beijing, China), the largest power producer in China, is accelerating its nationwide development in China by establishing three provincial branches within half a month.

On September 18, 2007, Huaneng Xinjiang Energy Development Company Limited (Xinjiang, China), a fully owned subsidiary of CHNG, was registered in northwestern China’s Xinjiang Autonomous Region. The company’s establishment is mainly to accelerate the development of the coal, coal chemical and power integrated projects east of the Zhunger region, as well as for hydropower and wind power projects in the Tuoshigan River Valley, Hami and Tulufan regions.

On September 26, 2007, CHNG signed a strategic cooperation agreement with the Tibet Autonomous Region’s government to strengthen energy cooperation in the region, establishing Huaneng Tibet Power Generation Company Limited (CHNG Tibet) (Lahsa, China). The installment of CHNG Tibet will actively carry out the development of new energies, such as wind power and solar power, in remote areas not yet covered by the Tibet grid while accelerating Tibet’s hydropower development.

On September 28, 2007, the opening ceremony for Huaneng Jilin Power Generation Company Limited (CHNG Jilin) (Jilin, China) was held in northeastern China’s Jilin Province. Jilin’s Party Secretary Wang Min and CHNG President Li Xiaopeng unveiled the company. CHNG Jilin is a fully owned subsidiary of CHNG with a registered capital of $13.3 million. CHNG will be mainly responsible for the development, operation and management of power (heat), clean energy and coal projects in Jilin. CHNG also has Jiutai Power Plant, Changchun No. 4 Thermal Power Plant, Yaobei Wind Power and Tongyu Wind Power projects either in operation or under construction in Jilin Province.

By the end of May 2007, CHNG owned 87 power plants in 23 provinces (cities or autonomous regions) with a total installed capacity more than 60,000 megawatts.

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