Beijing Datang Power Generation Com
5 August 2003
Attn: Business Editor
(For Immediate Release)
Tuoketuo Power Plant Phase I Units 1 & 2 Commence Commercial Operation
Hong Kong, August 4, 2003... Beijing Datang Power Generation Company Limited
('Beijing Datang Power' or the 'Company' (HKEx: 991; LSE:DAT; ADR:BJDHY)
today announced that Tuoketuo Power Plant Phase I Units 1 & 2 (each with an
operating capacity of 600MW), of which the Company holds a controlling stake,
have commenced commercial operation at the end of July and early August 2003,
respectively, after completing a trial-run.
Tuoketuo Power Plant Phase I Units 1 & 2 (the 'Units') began construction on
August 1, 2000 and were expected to commence commercial operation in late 2003
under the original plan. Now the actual construction has been completed six
months ahead of the planned schedule. The Units will transmit electricity
direct to the Beijing-Tianjin-Tangshan Area (the 'BTT Area') power grid via
special transmission lines, and will play a pivotal role in meeting the BTT
Area's power demand during the peak summer season, thereby easing the tight
power supply situation of Beijing and its nearby regions.
Mr. Zhang Yi, Vice Chairman and President of Beijing Datang Power, said, 'The
commencement of operation of Tuoketuo Power Plant Phase I Units 1 & 2 is six
months ahead of the planned schedule, which is highly significant in helping the
Company to capture market share rapidly, lower consolidated operation costs and
enhance the Company's overall competitiveness.'
Located in Inner Mongolia, Tuoketuo Power Plant is a major project of the
State's Tenth Five-Year Plan and the World Bank's Loan Projects. It is also an
integral part of the 'Development of the West' Project and the 'West-to-East
Power Transmission Plan'. The newly-commissioned Units are also the first
commissioned power units of the 'West-to-East Power Transmission Plan' in the
Northern Corridor, and as such, they are highly significant to the overall
development of China's power generation industry.
Beijing Datang Power
Beijing Datang Power is one of the largest independent power producers in China
with a total operating installed capacity of 6,170MW. As at the end of 2002, 4
power plants are wholly owned by the Company, 2 operating power generation
companies are owned with controlling interests and 8 power generation companies
are under construction. These plants and companies include: Dou He Power Plant,
Gao Jing Power Plant, Zhang Jia Kou Power Plant, Xia Hua Yuan Power Plant,
Tianjin Datang Panshan Power Generation Company Limited, Hebei Huaze Hydropower
Development Company Limited, Inner Mongolia Datang Tuoketuo Power Generation
Company Limited, Shanxi Datang Shentou Power Generation Company Limited, Gansu
Datang Liancheng Power Generation Company Limited, Shanxi Datang Pingwang
Thermal Power Generation Company Limited, Hebei Datang Tangshan Thermal Power
Generation Company Limited, Yunnan Datang Honghe Power Generation Company
Limited, Yunnan Datang Lixianjiang Hydropower Development Company Limited,
Yunnan Datang Nalan Hydropower Development Company Limited and Wenshan Malutang
Hydropower Development Company Limited. Beijing Datang Power Generation Company
Limited has been listed in Hong Kong and London respectively since March 1997.
Since September 2001, the Company's American Depositary Receipts have been
traded in the U.S. over-the-counter (OTC) market.
- End -
For enquiries, please contact:
Mr. Brian Liu / Mr. Grant Zhang Ms. Jessica Lee/Ms. Veronica Ho
Beijing Datang Power Generation Company Limited Rikes Communications Limited
Tel: (8610) 8358 1909 / (8610) 8358 1428 Tel: (852) 2520 2201
Fax: (8610) 8358 1911 Fax: (852) 2520 2241
This information is provided by RNS
The company news service from the London Stock Exchange
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