form6k.htm
 
FORM 6-K


SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
The Securities Exchange Act of 1934


For the month of September 2014

(Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.)
Form 20-F     X     Form 40-F _____

(Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. )
Yes ____ No     X     

(If "Yes" is marked, indicate below the file number assigned to registrant in
connection with Rule 12g3-2(b): 82-__________.)
N/A

Huaneng Power International, Inc.
Huaneng Building,
6 Fuxingmennei Street,
Xicheng District,
Beijing, 100031 PRC
 

 
 

 

 
This Form 6-K consists of:

An announcement regarding adjustment of on-grid tariffs of Huaneng Power International, Inc. (the “Registrant”), made by the Registrant on September 18, 2014.


 
 

 

 
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
 
 
 
 
ADJUSTMENT OF ON-GRID TARIFFS
 
This announcement is made by Huaneng Power International, Inc. (the “Company”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
 
The Company hereby announces the status of the tariff adjustment to its power plants.
 
The Company recently received the Notice from the National Development and Reform Commission regarding the Adjustment of the On-grid Tariffs of Power Enterprises. In order to thoroughly implement the “Notice of the National Development and Reform Commission to further resolve the tariffs conflict in terms of environmental protection”, the State has decided to, on premises of maintaining the constant level of the sales price, make appropriate adjustment to the level of the coal- fired tariffs.
 
According to the National Development and Reform Commission’s price adjustment documents, the level of the on-grid tariffs of the Company’s domestic power plants will be adjusted as follows:

Domestic Power Plant
 
On-grid Tariffs before Adjustment
(RMB/MWh)
Change
(RMB/MWh)
On-grid Tariffs
after Adjustment
(RMB/MWh)
Liaoning Province
Dalian
408.2
-9.8
398.4
Dandong
412.2
-9.8
402.4
Yingkou
402.2
-9.8
392.4
Yingkou Co-generation
412.2
-9.8
402.4
Hebei Province
Shang’an
432.52
-8.2
424.32
 
 
 
 

 


Domestic Power Plant
 
On-grid Tariffs before Adjustment
(RMB/MWh)
Change
(RMB/MWh)
On-grid Tariffs
after Adjustment
(RMB/MWh)
Gansu Province
Pingliang
328.31
-4
324.31
Beijing
Beijing Co-generation (Coal-fired)
497.35
-5.74
491.61
Tianjin
Yangliuqing Co-generation
435.2
-5.4
429.8
Shanxi Province
Yushe
397.7
-11.5
386.2
Zuoquan
388.7
-11.5
377.2
Shandong Province
Dezhou
469.06
-8.1
460.96
Weihai
468.31
-8.1
460.21
Jining
445.87
-8.1
437.77
Xindian
452.4
-8.1
444.3
Rizhao Phase II
445.7
-8.1
437.6
Zhanhua Co-generation
435.7
-8.1
427.6
Henan Province
Qinbei
438.2
-19.1
419.1
Jiangsu Province
Nantong
440.5
-11
429.5
Nanjing
440
-11
429
Taicang
445
-11
434
Huaiyin
438
-11
427
Jinling (Coal-fired)
440
-11
429

 
 

 

 
Domestic Power Plant
 
On-grid Tariffs before Adjustment
(RMB/MWh)
Change
(RMB/MWh)
On-grid Tariffs
after Adjustment
(RMB/MWh)
Shanghai
Shidongkou First
444.6
-11
439.6
Shidongkou Second
437.1
-11
432.1
Shidongkou Power
462.3
-11
457.3
Chongqing
Luohuang
440.65
-6.8
433.85
Zhejiang Province
Yuhuan
469
-11
458
Hunan Province
Yueyang
497.9
-5.9
492
Jiangxi Province
Jianggangshan
485.51
-31.7
453.81
Fujian Province
Fuzhou
448.12
-4.5
443.62
Guangdong Province
Shantou Coal-fired
536.26
-12
524.26
Haimen
500.5
-12
488.5
 
 
The above mentioned tariff adjustments have been effective since 1 September 2014. Following the adjustment of the on-grid tariffs and based on the estimation of the weighted average electricity sold with the adjusted tariffs of the Company’s power plants, the average on-grid tariffs of the Company is expected to be reduced by RMB9.44/MWh.
 
 
 
By Order of the Board
Huaneng Power International, Inc.
Du Daming
Company Secretary

 
 
 

 


As at the date of this announcement, the directors of the Company are:

Cao Peixi
Shao Shiwei
(Executive Director)
(Independent Non-executive Director)
Huang Long
Wu Liansheng
(Non-executive Director)
(Independent Non-executive Director)
Li Shiqi
Li Zhensheng
(Non-executive Director)
(Independent Non-executive Director)
Huang Jian
Qi Yudong
(Non-executive Director)
(Independent Non-executive Director)
Liu Guoyue
Zhang Shouwen
(Executive Director)
(Independent Non-executive Director
Fan Xiaxia
Shao Shiwei
 (Executive Director)
(Independent Non-executive Director)
Shan Qunying
 
(Non-executive Director)    
 
Guo Hongbo
 
(Non-executive Director)
 
Xu Zujian
 
(Non-executive Director)
 
Xie Rongxing
 
(Non-executive Director)
 
 

Beijing, the PRC
18 September 2014
 
 
 
 

 

 
SIGNATURE

 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the under-signed, thereunto duly authorized.
 
 
 
HUANENG POWER INTERNATIONAL, INC.
   
   
 
By   /s/ Du Daming
   
 
Name: Du Daming
 
Title:   Company Secretary

 
Date:  September 18, 2014