Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Power Generation for 2007

10th Jan 2008 07:00

Datang Intl Power Generation Co Ld10 January 2008 DATANG INTERNATIONAL POWER GENERATION CO., LTD. (a sino-foreign joint stock limited company incorporated in the People's Republic of China) (Stock Code: 991) Overseas Regulatory Announcement Announcement on Power Generation for the Year of 2007 Special Notices The Company and all members of the board of directors (the "Board") warrant the truthfulness, accuracy and completeness of the announcement, and jointly accept the responsibility for any false representations or misleading statements contained in, or material omissions from, this announcement. This announcement is made pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. Datang International Power Generation Co., Ltd. (the "Company") announces that,based on the Company's preliminary statistics, as of 31 December 2007, totalpower generation of the Company and its subsidiaries (the "Group") for the yearof 2007 amounted to 118.263 billion kWh, an increase of 26.55% when compared tothe corresponding period of 2006. The Group's total on-grid power generation was111.341 billion kWh, an increase of 26.66% year-on-year. The substantial increase in the Group's power generation for the year of 2007 ascompared to 2006 was mainly attributable to the following factors: 1. Increased capacity of the Company's operating generation units: During the second half of 2007, a number of new generation units of the Company's subsidiaries have commenced operation, thus substantially increasing the Group's overall power generation capacity. Such subsidiaries include Zhejiang Datang Wushashan Power Generation Company Limited ("Wushashan Power Company"), Guangdong Datang International Chaozhou Power Generation Company Limited ("Chaozhou Power Company"), Fujian Datang International Ningde Power Generation Company Limited ("Ningde Power Company"), Yunnan Datang International Honghe Power Generation Company Limited ("Honghe Power Company"), and the Yayangshan Project of Yunnan Datang International Lixianjiang Hydropower Development Company Limited ("Lixianjiang Hydropower Company"). Meanwhile, projects including Longma and Tukahe of Lixianjiang Hydropower Company also had new generation units commencing operation in 2007. 2. Increased demand in service areas: In 2007, the power demand within the service areas of the Company - 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 rapid growth. 3. The power generation obstruction problem at Hebei Datang International Wangtan Power Generation Company Limited ("Wangtan Power Company"), a subsidiary of the Company, was resolved and its generation units are now operating in full capacity. Power generation details of the Group's power plants for the year of 2007 wereas follows: Power plant/company Power Power Generation Generation for Year for Year 2007 2006 (billion (billion Growth kWh) kWh) (%) Gao Jing Thermal Power Plant 3.4642 3.4630 0.03Dou He Power Plant 11.2043 10.5460 6.24Xia Hua Yuan Power Plant 2.5566 2.4430 4.65Zhang Jia Kou Power Plant 15.1455 14.2020 6.64Unit: 1, 3, 4 5.7422 5.5660 3.172 1.4556 1.5950 -8.745, 6, 7, 8 7.9477 7.0410 12.88Tianjin Datang International Panshan Power 7.1369 7.0110 1.80Generation Company Limited Inner Mongolia Datang International Tuoketuo 21.6869 21.4070 1.31Power Generation Company Limited Shanxi Datang International Yungang Thermal 2.8655 2.9970 -4.39Power Company Limited Hebei Datang International Tangshan Thermal 3.7969 4.7760 -20.50Power Company Limited Shanxi Datang International Shentou Power 5.7444 5.7030 0.73Generation Company Limited Gansu Datang International Liancheng Power 4.1100 3.4830 18.00Generation Company Limited Wangtan Power Company 7.5769 4.7380 59.92Wushashan Power Company 14.1641 5.4490 159.94Chaozhou Power Company 6.0035 2.2010 172.76Ningde Power Company 7.1078 2.4610 188.82Honghe Power Company 3.9209 1.7750 120.90Jiangxi Datang International Xinyu Power 0.4615 - -Generation Company Limited Hebei Datang International Huaze Hydropower 0.0228 0.0309 -26.21Development Company Limited Yunnan Datang International Nalan Hydropower 0.6051 0.5290 14.39Development Company Limited Lixianjiang Hydropower Company 0.6895 0.2340 194.66Inner Mongolia Datang International Duolun 0.0078 - -Hydropower Multiple Development Company Limited Total 118.2633 93.4490 26.55 By Order of the Board Zhou Gang and Mok Chung Kwan, Stephen Joint Company Secretaries Beijing, the PRC, 9 January 2008 As at the date of this announcement, the directors of the Company are: Zhai Ruoyu, Zhang Yi, Hu Shengmu, Fang Qinghai, Zhou Gang, Liu Haixia, GuanTiangang, Su Tiegang, Ye Yonghui, Li Gengsheng, Xie Songlin*, Liu Chaoan*, YuChangchun* and Xia Qing* * Independent non-executive directorsEND This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

Datang Intl H
FTSE 100 Latest
Value8,275.66
Change0.00