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 April 2015

(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 tariffs of Huaneng Power International, Inc. (the “Registrant”), made by the Registrant on April 30, 2015.


 
 

 
 
 
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.
 
(Stock Code: 902)

ADJUSTMENT OF 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 recently received a notice on reducing the on-grid tariffs of coal-fired power generators and the tariff for industrial and commercial customers from the National Development and Reform Commission. In line with the power system reform objectives and pursuant to the relevant provisions regarding the coal-electricity linked pricing mechanism, the State has decided to make appropriate downward adjustment to the on-grid tariffs of coal-fired power generators and the tariff for industrial and commercial customers, and appropriately adjust the tariff for gas-fired power generators in certain regions.

According to the documents on tariffs adjustment provided by the National Development and Reform Commission and the local price bureaus, the on-grid tariffs of the Company’s domestic power plants were adjusted as follows:

Domestic Power Plants
 
On-grid
Tariffs before
Adjustment
   
Change
   
On-grid
Tariffs after
Adjustment
 
   
(RMB/MWh)
   
(RMB/MWh)
   
(RMB/MWh)
 
Liaoning Province
                 
Dalian
    399.40       -18.10       381.30  
Dandong
    402.40       -18.10       384.30  
Yingkou
    402.40       -18.10       384.30  
Yingkou Co-generation
    404.40       -18.10       386.30  
Hebei Province
                       
Shang’an
    427.99       -32.00       395.99  
Gansu Province
                       
Pingliang
    328.90       -3.90       325.00  
 
 
 
 

 


Domestic Power Plants
 
On-grid Tariffs before Adjustment
   
Change
   
On-grid Tariffs after Adjustment
 
   
(RMB/MWh)
   
(RMB/MWh)
   
(RMB/MWh)
 
                   
Beijing
                 
Beijing Co-generation (Coal-fired)
    491.61       -15.49       476.12  
Beijing Co-generation (Combined Cycle)
    650.00             650.00  
Tianjin
                       
Yangliuqing Co-generation
    432.30       -23.40       408.90  
Lingang Combined Cycle
    650.00       80.00       730.00  
Shanxi Province
                       
Yushe
    387.20       -23.40       363.80  
Zuoquan
    377.20       -23.40       353.80  
Shandong Province
                       
Dezhou
    463.40       -20.20       443.20  
Jining
    444.00       -20.20       423.80  
Xindian
    445.30       -20.20       425.10  
Weihai
    460.21       -20.20       440.01  
Rizhao Phase II
    438.60       -20.20       418.40  
Zhanhua Co-generation
    432.60       -20.20       412.40  
Henan Province
                       
Qinbei
    419.10       -19.40       399.70  
Jiangsu Province
                       
Nantong
    431.00       -21.40       409.60  
Nanjing
    431.00       -21.40       409.60  
Taicang
    434.10       -21.40       412.70  
Huaiyin
    431.00       -21.40       409.60  
Jinling (Combined Cycle)
    606.00       84.00       690.00  
Jinling (Coal-fired)
    435.00       -21.40       413.60  
Jinling Combined Cycle Co-generation
    690.00             690.00  
Suzhou Co-generation
    510.00       -21.40       488.60  
Shanghai
                       
Shidongkou First
    449.10       -23.40       425.70  
Shidongkou Second
    434.10       -17.40       416.70  
Shanghai Combined Cycle
 
RMB534 for Generation Tariff
   
RMB35.60 for Generation Tariff
   
RMB569.6 for Generation Tariff
 
   
RMB45.83/KW per month for Capacity Tariff
           
RMB45.83/KW per month for Capacity Tariff
 
Shidongkou Power
    459.30       -23.40       435.90  
 
 
 
 

 


Domestic Power Plants
 
On-grid Tariffs before Adjustment
   
Change
   
On-grid Tariffs after Adjustment
 
   
(RMB/MWh)
   
(RMB/MWh)
   
(RMB/MWh)
 
                   
Chongqing
                 
Luohuang
    438.30       -17.00       421.30  
Liangjiang Co-Fired
                629.00  
Zhejiang Province
                       
Yuhuan
    458.00       -12.70       445.30  
Changxing
    431.00       -12.70       418.30  
Tongxiang Combined Cycle
    904.00             904.00  
Si’an PV
 
 
RMB1,100.00 for Tariff of centralised on-grid power and RMB978.00 for on-grid power after self-use
   
-RMB12.7 for on-grid power after self-use
   
RMB1,100.00 for Tariff of centralised on-grid power and RMB965.30 for on-grid power after self-use
 
Hubei Province
                       
Wuhan
    460.89       -17.60       443.29  
Jingmen Co-generation
    432.20       -17.60       414.60  
Yingcheng Co-generation
    432.20       -17.60       414.60  
Hunan Province
                       
Yueyang
    494.00       -22.00       472.00  
Jiangxi Province
                       
Jinggangshan
    459.50       -15.90       443.60  
Jianggangshan Second
    455.50       -15.90       439.60  
Ruijin
    455.50       -15.90       439.60  
Anhui Province
                       
Chaohu Power
    428.40       -21.50       406.90  
Fujian Province
                       
Fuzhou
    445.62       -30.40       415.22  
Guangdong Province
                       
Shantou Coal-fired
    524.26       -28.50       495.76  
Haimen
    502.00       -28.50       473.50  
Haimen Power
    502.00       -28.50       473.50  
Yunnan Province
                       
Diandong Energy
    372.60       -16.30       356.30  
Yuwang Energy
    372.60       -16.30       356.30  


 
 

 


Domestic Power Plants
On-grid Tariffs before Adjustment
Change
On-grid Tariffs after Adjustment
 
(RMB/MWh)
(RMB/MWh)
(RMB/MWh)
       
Hainan Province
     
Haikou
470.03
-25.00
445.03
Dongfang
474.30
-25.00
449.30
Nanshan Combined Cycle
465.80
200.00
665.80

The above adjustment to tariffs has been effective as of 20 April, 2015. Following the adjustment to on-grid tariffs, it is expected that the average on-grid tariff for coal-fired power generators of the Company will decrease by approximately RMB20.64/MWh based on the weighted average on-grid power generation for the Company. Having considered the tariff increase for gas-fired generators, the average tariff of the Company will be lowered by approximately RMB17.82/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
(Executive Director)
Guo Junming
(Non-executive Director)
Liu Guoyue
(Executive Director)
Li Shiqi
(Non-executive Director)
Huang Jian
(Non-executive Director)
Fan Xiaxia
(Executive Director)
Mi Dabin
(Non-executive Director)
Guo Hongbo
(Non-executive Director)
Xu Zujian
(Non-executive Director)
Li Song
(Non-executive Director):
Li Zhensheng
(Independent Non-executive Director)
Qi Yudong
(Independent Non-executive Director)
Zhang Shouwen
(Independent Non-executive Director)
Yue Heng
(Independent Non-executive Director)
Zhang Lizi
(Independent Non-executive Director)
 

Beijing. PRC
30 April 2015


 
 

 

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:     April 30, 2015