19th Apr 2007 08:03
Datang Intl Power Generation Co Ld19 April 2007 Datang International Power Generation Co., Ltd. (a sino-foreign joint stock limited company incorporated in the People's Republic of China) (Stock Code: 991) Announcement on Power Generation for the First Quarter of 2007 Special Notice The Company and all members of the board of directors warrant the truthfulness,accuracy and completeness of the announcement, and jointly accept theresponsibility for any false representations or misleading statements containedin, or material omissions from, this announcement. This announcement is made pursuant to Rule 13.09(2) of the Rules Governing theListing of Securities on The Stock Exchange of Hong Kong Limited. Datang International Power Generation Co., Ltd. (the "Company") would like toannounce that based on the Company's preliminary statistics, as of 31 March2007, total power generation of the Company and its subsidiaries (the "Group")during the first quarter of 2007 amounted to 27.531 billion kWh, an increase of38.59% when compared to the corresponding period of the previous year. TheGroup's total on-grid power generation was 25.943 billion kWh, an increase of38.83% when compared to the corresponding period of the previous year. The increase in the Group's power generation for the first quarter of 2007 ascompared with that of the previous year was mainly attributable to the followingreasons: 1. Increased capacity of operating generation units: Comparing the first quarter of 2007 to the corresponding period of 2006, the Zhejiang Datang International Wushashan Power Generation Project ("Wushashan Power Project"), which is controlled by the Company, and the projects of the Company's subsidiaries including Guangdong Datang International Chaozhou Power Generation Company Limited ("Chaozhou Power"); Fujian Datang International Ningde Power Generation Company Limited ("Ningde Power"); Yunnan Datang International Honghe Power Generation Company Limited ("Honghe Power"), and Yunnan Datang International Lixianjiang Hydropower Development Company Limited ("Lixianjiang Hydropower"), have all commenced operation, thereby substantially increasing the overall power generation capacity of the Group. 2. Increased demand in service areas: For the first quarter of 2007, the power demand within the service areas of the Group - the Beijing-Tianjin- Tangshan Power Grid, the Shanxi Power Grid, the Gansu Power Grid, the Yunnan Power Grid, the Zhejiang Power Grid and the Guangdong Power Grid - continued to maintain stable growth. 3. Improvement in operating reliability of generation units: For the first quarter of 2007, operating generation units of the Company and its subsidiaries achieved an equivalent availability factor of 96.83%, representing an increase of 2.04 percentage points when compared to the corresponding period of 2006. 4. The settlement of the power generation obstruction problem for generation units: The power generation obstruction problem at Hebei Datang International Wangtan Power Generation Company Limited ("Wangtan Power"), a subsidiary of the Company, was resolved in October 2006. Wangtan Power is now available for full-capacity power generation. Accordingly, compared to the corresponding period of the previous year, such power plant witnessed a substantial increase in power generation. Power generation details of the Group for the first quarter of 2007 were as follows: Power generation Power generation for the first for the first quarter of 2007 quarter of 2006Power plant/company (billion kWh) (billion kWh) Growth (%) Gao Jing Thermal Power Plant 1.044 0.922 13.23Dou He Power Plant 2.436 2.357 3.35Xia Hua Yuan Power Plant 0.641 0.682 -6.01Zhang Jia Kou Power Plant 3.507 3.632 -3.44Unit: 1, 3, 4 1.279 1.422 -10.05 2 0.421 0.428 -1.6 5, 6, 7, 8 1.807 1.782 1.40Tianjin Datang International Panshan Power 1.989 1.595 24.70Generation Company LimitedInner Mongolia Datang International Tuoketuo Power 4.799 5.286 -9.21Generation Company LimitedShanxi Datang International Yungang Thermal Power 0.753 0.764 -1.44Company LimitedHebei Datang International Tangshan Thermal Power 1.088 1.199 -9.26Company LimitedShanxi Datang International Shentou Power 1.275 1.337 -4.64Generation Company LimitedGansu Datang International Liancheng Power 1.100 1.010 8.91Generation Company LimitedWangtan Power 1.701 1.035 64.34Wushashan Power Project 2.967 - -Chaozhou Power 1.436 - -Ningde power 1.679 - -Honghe Power 1.025 - -Hebei Datang International Huaze Hydropower 0.00466 0 100Development Company LimitedYunnan Datang International Nalan Hydropower 0.0547 0.0456 19.56Development Company LimitedLixianjiang Hydropower 0.0322 - - Total 27.531 19.865 38.59 By Order of the Board Yang Hongming Secretary to the Board Beijing, the PRC, 18 April 2007 As at the date of this announcement, the directors of the Company are: Zhai Ruoyu, Zhang Yi, Hu Shengmu, Fang Qinghai, Yang Hongming, Liu Haixia, Guan Tiangang, Su Tiegang, Ye Yonghui, Tong Yunshang, Xie Songlin*, Xu Daping*, Liu Chaoan*, Yu Changchun* and Xia Qing* * Independent non-executive Directors This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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