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.
DATANG INTERNATIONAL POWER GENERATION CO., LTD.
(a sino-foreign joint stock limited company incorporated in the People's
Republic of China)
(Stock Code: 991)
PRICE-SENSITIVE INFORMATION
ANNOUNCEMENT ON
ADJUSTMENTS OF ON-GRID TARIFFS
Special Notice:
The board of directors (the "Board") and all directors (the "Directors") of
Datang International Power Generation Co., Ltd. (the "Company") warrant that
there are no false representations and misleading statements contained in, or
material omissions from, this announcement, and severally and jointly accept
the responsibility for the truthfulness, accuracy and completeness of the
content of this announcement.
This announcement is made pursuant to Rule 13.09(1) of the Rules Governing the
Listing of Securities on The Stock Exchange of Hong Kong Limited.
The Company has received the "Notice from the National Development and Reform
Commission on Relevant Issues Regarding Appropriate Adjustments of Tariffs"
issued by the National Development and Reform Commission recently. With an aim
to compensate a portion of increased costs of coal-fired power generation
enterprises due to increased thermal coal prices, to relieve the operating
difficulties of these enterprises and to ensure normal and rational power
supply, the State has decided to appropriately adjust the tariff standards of
certain regions.
Details regarding the service areas of the Company where tariff adjustments
will take place, the relevant tariff increase standards and the execution dates
are set out as follows:
Region Tariffs Increase Standards (cents/kWh) (RMB)
Effective Effective Effective
as from as from as from
1 January 2010 10 April 2011 1 June 2011 Total
Tianjin Municipality 0.18 0.18
Hebei Province
(Northern Grid) 0.19 1.30 1.49
Shanxi Province 0.19 2.90 3.09
Shanxi Province
Transmitted to
Beijing-Tianjin-Tangshan
Region 0.19 0.61 0.80
Western Area of Inner
Mongolia Autonomous
Region 0.30 0.30
Western Area of Inner
Mongolia Autonomous
Region Transmitted to
Beijing-Tianjin-Tangshan
Region 0.19 0.61 0.80
Liaoning Province 0.22 0.22
Gansu Province 0.90 1.78 2.68
Ningxia Huizu Autonomous
Region 0.19 0.19
Fujian Province 0.31 0.31
Jiangxi Province 0.38 2.24 2.62
Guangdong Province 0.18 0.18
Yunnan Province 0.46 0.46
After the current adjustments on on-grid tariff, the average on-grid tariff
(including value-added tax) of the Company's coal-fired units will increase by
RMB10.11 yuan/MWh as compared with the tariffs before adjustments, representing
an increase of approximately 2.63% (calculated basing on the estimated increased
amounts to be received from the tariff adjustments and the estimated coal-fired
on-grid generation volume for the year).
By Order of the Board
Zhou Gang
Secretary to the Board
Beijing, the PRC, 1 June 2011
As at the date of this announcement, the Directors of the Company are:
Liu Shunda, Hu Shengmu, Cao Jingshan, Fang Qinghai, Zhou Gang, Liu Haixia,
Guan Tiangang, Su Tiegang, Ye Yonghui, Li Gengsheng, Li Yanmeng*, Zhao Zunlian*,
Li Hengyuan*, Zhao Jie*, Jiang Guohua*
* Independent non-executive Directors
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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