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  1. Top wind power firms compete for IPO funds

    Posted Dec 06th 2010, 12:00am by Denise Tsang

    ... arch-rival. Huaneng, the renewable flagship of the nation's largest independent power producer China Huaneng Group, will compete with China Datang Corporation Renewable Power, which is seeking ... China. Huaneng chairman and non-executive director Cao Peixi said parent China Huaneng Group promised to sell its wind power assets, totalling almost 939.4 MW of installed capacity, to Huaneng ...

  2. News - China - BOOKS

    People's Daily review of Li Peng memoir hails his 'Yanan spirit'

    Posted Jul 05th 2014, 04:02am by Li Jing

    ... the president of China Huaneng Group and Huaneng Power, is now the governor of coal-rich Shanxi province. The review said Li had received support as a young adult from party elders including Mao Zedong, ... in Beijing on Thursday, the Oriental Morning Express reported. With only people from the power sector... it's more like a... certain interest group Zhang Ming The People's Daily review said ...

  3. Huaneng buys 24pc stake in Yuedian

    Posted Aug 09th 2006, 12:00am by Eric Ng

    ... Eric Ng in Guangzhou Power producer lifts presence in lucrative Guangdong market China Huaneng Group, parent of listed Huaneng Power International, has signed an agreement to buy a 24 per cent stake in Guangdong Yuedian Group to become the second-largest shareholder of the province's largest power producer. The deal is the latest of an acquisition spree by China Huaneng ...

  4. China Huaneng sees rises

    Posted Jan 31st 2004, 12:00am by Eric Ng

    ... Eric Ng China Huaneng Group, parent of Huaneng Power International, posted a 16.2 per cent rise in revenue last year- its first set of annual results since its formation as a result of the State Power Corp break-up. China Huaneng also recorded a 'substantial' rise in realised profit, although no figure was given, China Power News reported. The revenue growth was in line ...

  5. Huaneng Power says it will miss output target

    Posted Aug 03rd 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com Huaneng Power International, the listed unit of the mainland's largest power producer China Huaneng Group, will be unable to meet its production target set ... of a 3 per cent increase. A Huaneng Power spokesman said that while the company believed it would not be able to meet the 340 billion kWh target due to lower-than-expected power demand amid ...

  6. Huaneng powers to 87pc profit rise

    Posted Aug 01st 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com Huaneng Power International, the listed unit of the nation's biggest power producer, China Huaneng Group, forecast higher power demand and lower coal prices ... effect... power consumption is expected to pick up,' Huaneng said. 'With coal inventories staying high in many places, there is still room for prices to come down further in the second ...

  7. Huaneng predicts profit if coal prices stay level

    Posted Apr 03rd 2009, 12:00am by Eric Ng

    ... Eric Ng Huaneng Power International, which had a 3.9 billion yuan (HK$4.42 billion) net loss last year, expects a profit this year if the contract coal price does not exceed the level of December and plant utilisation falls no more than 6.6 per cent. The listed unit of the country's largest electricity producer, China Huaneng Group, expects a conclusion soon to the drawn-out ...

  8. Huaneng hit by plunge in profits

    Posted Mar 22nd 2012, 12:00am

    ... Eric Ng Eric.mpng@scmp.com Huaneng Power International, the listed unit of China's largest power producer China Huaneng Group, saw its share price plunge 7.5 per cent after it posted ... year, its mainland plants recorded a combined loss of 102 million yuan. 'The [analysts'] consensus has overestimated [Huaneng's] benefit from [the mainland] tariff hike ...

  9. Huaneng returns with scaled-back offering

    Posted May 26th 2011, 12:00am

    ... Eric Ng eric.mpng@scmp.com Huaneng Renewables Corp, a unit of the mainland's power producer China Huaneng Group that focuses on wind power, has cut the valuation of its relaunched ... Electric, customer State Grid Corporation and rival China Huadian Group. Last December, Huaneng Renewables offered its shares at 14.7 to 19.6 times this year's forecast net profit per share. ...

  10. China Huaneng eyes half-stake in InterGen

    Posted Aug 19th 2010, 12:00am by Eric Ng

    ... Eric Ng China Huaneng Group, the nation's biggest electricity producer, is reportedly in talks to acquire half of international power generator InterGen from an Indian firm. ... price controls. Bloomberg quoted two people familiar with the deal as saying China Huaneng may offer Bangalore-based GMR Infrastructure US$1.2 billion for the 50 per cent stake ...




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