• Thu
  • Aug 21, 2014
  • Updated: 10:27pm

Datang International Power Generation Company

Datang International Power Generation Company Ltd, or Datang Power, is one of the five largest state-owned power producers in China. It develops and operates power plants, sells electricity and thermal power and repairs and maintains power equipment. It is listed in Hong Kong and London.

Datang soars on news of sell-off of unprofitable coal operations

Datang International Power Generation shares rose 23.1 per cent yesterday after the company said it would sell part or all of its loss-making coal-to-chemicals and coal-to-natural-gas operations.

Wednesday, 9 July, 2014, 5:20am

Datang sees 40GW nationwide supply shortfall

Despite a slowing economy, this year China could see a national power shortage of up to 40 gigawatts - roughly Singapore's annual consumption - a senior power company executive says.

Power demand would grow 9.5 per cent this year, compared with 12 per cent last year, said Liu Yan, corporate finance director of Datang International Power Generation.

27 Mar 2012 - 12:00am

High coal prices eating into profit, says Datang

Datang International Power Generation, the flagship listed vehicle of power producer China Datang Group, is warning that high coal prices will continue in the second half of this year with 'a great impact on power generation and supply'.

30 Aug 2011 - 12:00am

Power generator sees 2.17pc rise in profits

Datang International Power Generation reported first-half net profit rose 2.17 per cent year on year to 932 million yuan (HK$1.1 billion) and revenue increased 15.12 per cent to 33.3 billion yuan. It said rising thermal coal prices had hit power enterprises in the first half and it expected coal prices to stay high for the rest of the year. Total power generation rose 19 per cent.

29 Aug 2011 - 12:00am

Datang's profit up on higher output

Datang International Power Generation, the flagship listed vehicle of mainland power producer China Datang Group, saw first-quarter net profit rise to 87.2 million yuan (HK$104 million) from 15.5 million yuan a year earlier. Revenues grew 6.4 per cent to 15.64 million yuan.

27 Apr 2011 - 12:00am

China Datang to launch IPO roadshow

China Datang Corp Renewable Power, the wind power unit of China Datang Group, will kick off a marketing roadshow for its Hong Kong initial public offering tomorrow after it was delayed a week by poor market conditions. It plans to sell shares at HK$2.33 to HK$3.18 each to raise around US$730 million to US$1 billion. Its listing debut is expected to be on December 17.

1 Dec 2010 - 12:00am

Huaneng Power to pay parent US$985m for Singapore firm

Huaneng Power International, the listed unit of the mainland's largest power producer, has made its first overseas foray by agreeing to take over its parent's stake in Singapore's Tuas Power.

The widely expected deal would add 2,670 megawatts, or 8 per cent, to Huaneng Power's generating capacity.

30 Apr 2008 - 12:00am

Datang sets up 18.8b yuan gas venture

Datang International Power Generation has agreed to set up an 18.78 billion yuan (HK$20.88 billion) coal-to-natural gas joint venture. It will hold 51 per cent and parent China Datang Group will control 6 per cent. Beijing Gas Group will have 33 per cent and Hong Kong-based New Horizon Capital Advisors 10 per cent.

12 Apr 2008 - 12:00am

Acquisition highlights need to expand abroad

It was just weeks ago when parent company China Huaneng Group won a tender to buy Singapore's Tuas Power with a S$4.23 billion (HK$23.82 billion) bid. China Huaneng handed over full payment to the vendor, Singapore's sovereign investment house Temasek Holdings, on Monday last week.

31 Mar 2008 - 12:00am

Datang sets self-sufficiency target for coal supplies

Datang International Power Generation aims to become entirely self-sufficient in coal supply by 2010 to shield itself from the impact of spiralling coal prices and a power tariff freeze.

28 Mar 2008 - 12:00am