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          BIZCHINA> Top Biz News

          


          

          
          		

          

          


          

          


          

          



          

          


 

          


          


 

          


          

          


 

          



          Huaneng Power sets 2009 capital expenditure of 33b yuan
          


          (Agencies)
          
 Updated: 2009-04-02 14:53
          



 

          

          Huaneng Power International Inc, China's largest electricity provider, said on Thursday it plans capital expenditure of 33.1 billion yuan ($4.84 billion) for 2009.
          


          

          

          


          


          


          


          


          


          


          Related readings:
          
          Huaneng Power sets 2009 capital expenditure of 33b yuan Costlier coal hits Huaneng hard
          
          Huaneng Power sets 2009 capital expenditure of 33b yuan BOC lends $99.45m to Huaneng in acquisition loans
          
Huaneng Power sets 2009 capital expenditure of 33b yuan Huaneng gears up nuke plant
          
          Huaneng Power sets 2009 capital expenditure of 33b yuan Shenhua cuts 2009 capital expenditure by 16%
          

          
          		

          
          

          
          		

          
          

          
          		

          
          

          

The company had said in its earnings statement for 2008 that it expects to have significant capital expenditure in coming years, focusing on thermo-power projects, as it tries to pave the way for its long-term growth.
          


          Capital expenditure last year was 27.99 billion yuan, which was mainly used for construction and renovation projects.
          


          Chairman Cao Peixi also told a media briefing on Thursday the company hopes coal contract prices this year will remain at their 2008 levels.
          


          

          (For more biz stories, please visit Industries)
          

          

          

 



 



          


          


 

          

          

          


          

          


 

          


          


 

          


          


 

          


          


          


 

          

          

          
          		

          

          








           
          


           
          



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