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No power deal sealed

Business | Energy
2008-12-30

CHINA'S top five national power producers failed to sign a single contract with miners after the week-long discussions ended as they were divided on prices for 2009, while industry watchers called for the sector to...

Energy costs to hit SOE profits

Business | Macro-economy and policy
2008-12-21

PROFITS from China's state-owned enterprises (SOEs) administered by the central government are expected to drop 20 percent from last year because of higher energy prices. The central SOEs would earn a total of...

Yunnan rides on wind and solar

Business | Energy
2008-12-11

CHINA Huaneng Group has started building the nation's biggest solar power plant at a cost of 9.1 billion yuan (US$1.3 billion) and began operating a wind farm with Hongkong Electric Group. The company plans to...

Price of power set to rise for third time

Business | Energy
2008-11-14

CHINA will probably raise electricity prices for a third time by the end of this year to help narrow losses at power producers, an official from China Huaneng Group, the nation's biggest state-owned utility, said...

Power Producers Fined Over Excessive Emissions

Business | Energy
2008-11-6

FOUR of China's five biggest power producers have been fined for emitting excessive amounts of sulfur dioxide last year. Seven coal-fired power plants in Henan, Guangdong and Guizhou provinces and Chongqing Municipality...

Gives green light to Invesco JV

Business | Machinery manufacturing
2008-9-17

CHINA Huaneng Group, the nation's biggest electricity producer, agreed to form a venture with Invesco Ltd to identify private-equity investment opportunities in power generation. The utility's Huaneng Capital...

Power sales sparking

Business | Machinery manufacturing
2008-7-23

CHINA Huaneng Group, the nation's largest electricity producer, said sales rose 37.7 percent to 68.8 billion yuan (US$10 billion) in the first half of the year as it generated more to meet rising demand. Electricity...

Huaneng Boosts Power Generation

Business | Energy
2008-5-21

CHINA Huaneng Group, the nation's biggest electricity producer, has raised power generation by 12 percent in Sichuan Province since last week's earthquake as generators and transmissions lines are being fixed. ...

Electricity sparks profits

Business | Energy
2008-1-24

GD Power Development Co, a unit of one of China's five largest electricity producers, said yesterday that profit last year surged 68 percent as the company increased output to meet demand in the world's fastest-growing...

State resists pressure to raise power prices

Business | Energy
2007-7-26

CHINA probably won't raise its electricity prices in the near term, despite repeated requests from major power firms for a rise to cover higher coal costs, a government official said yesterday. This highlights...