FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
The Securities Exchange Act of 1934
For the month of April 2020
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. )
(If "Yes" is marked, indicate below the file number assigned to registrant in connection with Rule 12g3-2(b): 82-__________. )
N/A
Huaneng Power International, Inc.
Huaneng Building,
6 Fuxingmennei Street,
Xicheng District,
Beijing, 100031 PRC
This Form 6-K consists of:
1. an announcement regarding issue of mid-term notes of
Huaneng Power International, Inc. (the Registrant”); and
2. an announcement regarding domestic power generation in the
first quarter of 2020 of the Registrant;
Each made by the Registrant on April 16, 2020.
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.
OVERSEAS REGULATORY ANNOUNCEMENT
ISSUE OF MID-TERM NOTES
This announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited
(the “Listing Rules”).
As resolved at the 2018 annual general meeting of Huaneng Power International, Inc. (the “Company”) held on 12 June 2019, the Company has been given a mandate to issue domestic and/or overseas debt financing instruments after relevant regulatory department approval (including but not limited to domestic debt
financing instruments like corporate bonds, enterprise bonds, mid-term notes in the interbank bond markets in the domestic market, and overseas debt financing instruments like offshore RMB-denominated bonds, overseas USD denominated bonds and bonds
denominated in other foreign currencies in the overseas market) (in either one or multiple tranches on rolling basis) with a principal amount of up to RMB50 billion or equivalent within or outside the People’s Republic of China within the period
from approval obtained at 2018 annual general meeting to the conclusion of the 2019 annual general meeting. The resolution passed at the first extraordinary general meeting of 2020 of the Company on 5 March 2020 approved that from the date on which
the proposal is approved at the general meeting to the conclusion of the 2019 annual general meeting and upon obtaining approval at relevant regulatory authorities, the Company shall, based on the issuance quota of the “Proposal regarding the
granting of the general mandate to issue domestic and/or overseas debt financing instruments” considered and approved by the Company’s 2018 annual general meeting, the principal balance of the domestic or overseas issuance of domestic and overseas
debt financing instruments (either in one or multiple tranches, within or outside the PRC) be increased by RMB8 billion.
The Company has recently completed the issue of the first tranche of the Company’s mid-term notes for 2020 (the “Notes”). The issuing amount of the Notes was RMB3 billion for a term of 3+N years. The unit face value is RMB100 and the issuing interest rate is 3.18%.
Agricultural Bank of China Limited and Bank of China Co., Ltd. act as the lead underwriters to form the underwriting syndicate for the Notes,
which were placed through book-building and issued in the domestic interbank market. The proceeds from the Notes will be used to repay due debt financing instruments.
The relevant documents in respect of the Notes are posted on China Money and Shanghai Clearing House at websites of www.chinamoney.com.cn and
www.shclearing.com, respectively.
The Notes do not constitute any transaction under Chapter 14 and Chapter 14A of the Listing Rules.
As at the date of this notice, the directors of the Company are:
Beijing, the PRC
16 April 2020
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.
DOMESTIC POWER GENERATION IN THE FIRST QUARTER OF 2020 DECREASED BY 18.45% YEAR-ON-YEAR
This announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong
Limited.
According to the preliminary statistics of Huaneng Power International, Inc. (the “Company”), for the first quarter of 2020, the Company’s total power generation by power plants within China on consolidated basis amounted to 84.676 billion kWh, representing a decrease of 18.45% over the same period
last year. Total electricity sold by the Company amounted to 80.652 billion kWh, representing a decrease of 17.92% over the same period last year. For the first quarter of 2020, the Company’s average on-grid electricity settlement price for its
power plants within China amounted to RMB422.35 per MWh, representing an increase of 0.11% over the same period last year. For the first quarter of 2020, the Company’s market based electricity sold amounted to 26.135 billion kwh, with a ratio of
33.27% comparing to the corresponding total electricity sold, representing a decrease of 6.28 percentage points over the same period last year.
The decrease in the Company’s power generation was mainly attributable to:
The power generations (in billion kWh) of the Company, by regions, are listed below:
For the first quarter of 2020, the power generation of Tuas Power Limited in Singapore, which is wholly-owned by the Company, accounted for
a market share of 21.2% in Singapore, representing an increase of 0.2 percentage point compared to the same period of last year.
The Company's new projects which have commenced operation in the first quarter of 2020 are as follows:
In addition, the installed capacity of some of the power plants in which the Company has equity interests changed in the first quarter of 2020.
Based on the above, as of 31 March 2020, the Company had a controlled generation capacity of 107,049MW and an equity-based generation capacity of 93,821 MW.
As at the date of this announcement, the Directors of the Company are:
Beijing, the PRC
16 April 2020
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the under-signed, thereunto duly authorized.
Date: April 16, 2020
