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Balance Sheet Cash Flow Statement West Wing, Bldg. C, Tianyin Mansion, 2C Fuxingmennan St., Xicheng District Beijing 100031, China Tel. +86-10-6649-1999 Fax +86-10-6649-1888 |
Type: Public
On the web:
http://www.hpi.com.cn
Employees:
22,899
Employee growth: (2.6%)
Huaneng Power International is one of China's largest independent power producers. The company owns 16 operating power plants, controls 13 power companies, and has minority stakes in five others. Its power plants in 12 provinces have a capacity of more than 33,270 MW; nearly all of the company's power is produced from coal. Huaneng Power International also has some 4,560 MW of capacity under construction and is growing through acquisitions. Huaneng Power International sells power to local utilities, primarily in China's coastal provinces. Huaneng International Power Development Corporation, a subsidiary of the China Huaneng Group, owns 42% of Huaneng Power International; China Huaneng Group, 9%.
Key numbers for fiscal year ending December, 2008:
Sales: $9,857.6M
One year growth: 45.3%
Net income: ($664.1)M
Officers:
Chairman: Cao Peixi
Vice Chairman of the Board of Directors and Interim Chairman: Huang Yongda
President and Director: Liu Guoyue
Competitors:
CLP Holdings
Hongkong Electric
Korea Electric Power
