Huaneng Power gets approval for coal-fired units in China
Huaneng Power International (HPI) has received approval from China's National Development and Reform Commission to build two coal-fired air-cooling generation units at the Shanxi Huaneng Zuoquan power plant.
The company holds a 80% interest in the power plant located in northern China and is planning to build two 600MW supercritical coal-fired units at the facility.
The units will be installed with electrostatic precipitators, desulphurisation, denitrification and on-line flue-gas ongoing monitoring system.
The company will invest about RMB5.09bn ($800.98m) to build the units, of which 20% is equity capital and the remaining investment will be funded by bank loans.
HPI is a Chinese power producer with controlled generation capacity of 56,419MW and equity-based generation capacity of 52,292.5MW.