12th Jan 2007 07:00
Datang Intl Power Generation Co Ld12 January 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 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. On 10 January 2007, the State Environmental Protection Administration publishedto the media a list of steel and iron, power and metallurgy projects which havebreached the State's environmental impact assessments and "Three-Simultaneity"policy (i.e. simultaneous design, construction, and checking and acceptance ofenvironmental protection facilities and the principal part of a developmentproject). The list includes the five 50 MW thermal power units operated by theCompany's controlling subsidiary, Hebei Datang International Tangshan ThermalPower Generation Company Limited ("Tangshan Thermal Power Company"), andLiancheng Power Plant Phase II Project operated by the Company's anothercontrolling subsidiary, Gansu Datang International Liancheng Power GenerationCompany Limited ("Liancheng Power Company"). Relevant details of such cases areset out below: 1. Environmental protection is a primary policy target and fundamental State policy essential for the State's sustainable development. The Company will strictly comply with and pro-actively execute any policies, rules and requirements issued by the State Environmental Protection Administration. 2. Tangshan Thermal Power Company is responsible for the thermal energy supply to residents and users within the Tangshan region, which has an area of approximately 14 million square metres. As it is presently the heating period, the closure of the five 50 MW thermal power units will have considerable impacts on the thermal energy supply. The Company is discussing with the relevant authorities in the Tangshan region to gradually close down the five 50 MW thermal power units effective from today, in accordance with the requirements of the State Environmental Protection Administration. The detailed schedule for the closure of the relevant generation units is currently being discussed. 3. After the commencement of operation, Liancheng Power Plant Phase II Project has commenced the desulphurisation project, in order to achieve a higher level of environmental protection performance. However, due to the limited size of the desulphurisation area and the need to relocate the environmental protection checkpoints on the pipelines and flues of certain environmental protection facilities, the site failed to meet the check and acceptance inspection for environmental protection facilities under the "Three-Simultaneity" policy, thereby preventing the project from applying for the environmental protection check and acceptance inspection as scheduled. The desulphurisation project of the Liancheng Power Plant Phase II Project is expected to commence operation in March 2007, and the Company is actively applying to the relevant State authorities for the environmental protection check and acceptance inspection for the project. 4. The Company will actively coordinate with various parties and implement environmental protection measures, so as to meet the requirements of the State Environmental Protection Administration as soon as practicable. According to the actual progress of the construction projects of the Company, the State Environmental Protection Administration's action against the Company will have no significant impact on the Company's construction projects. The Company sincerely hopes that investors can understand the realities aboutthe Company, focusing on the Company's future development prospects andmaintaining the attention and support to the Company. The Company would also like to remind investors of the investment risksinvolved. This announcement is also published on the website of Shanghai Stock Exchange(http://www.sse.com.cn) and relevant newspapers in the PRC. By Order of the Board Yang Hongming Company Secretary Beijing, the PRC, 11 January 2007 As at the date of this announcement, the Directors 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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