Huadian Power says H1 output up 5.2 pct

Mon Jul 13, 2009 6:38am EDT
 
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HONG KONG, July 13 (Reuters) - Huadian Power (1071.HK), one of China's top five power generating companies, said on Monday that power output in the first half of 2009 rose 5.15 percent from a year earlier, thanks to new generating capacity.

The firm produced 50.07 million megawatt hours in the first half of the year, it said in a statement.

Declines in China's power generation have been narrowing in recent months after near double-digit falls late last year, as consumption gradually picked up thanks to Beijing's economic stimulus policies.

China Resources Power Holdings (0836.HK), the country's fourth-largest listed power company by market value, said last Friday that power output in the first half of 2009 fell 0.9 percent from a year earlier. [ID:nHKG267796].

Huaneng Power (0902.HK) (HNP.N), China's biggest power provider, said last Thursday that its power output fell 5.84 percent in the first half of 2009 from a year earlier, on the back of weakening power demand amid the global economic downturn. [IDnHKG195012]. (Reporting by Sui-Lee Wee)

 

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