Approval on Jiangsu Rudong Wind Power Generation Company Limited Wind Farm Phase I Project

Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) announced that Huaneng Rudong Wind Power Generation Company Limited Wind Farm Phase I Project (the "Project") (in which the company has controlling interest) was recently approved by the Development and Reform Commission of the Jiangsu Province.

The wind energy project will be constructed with wind turbines  capacity of 48MW. The total investment of the Project is estimated to be approximately RMB452 million, of which RMB120 million, or 25% of the total investment, will be project capital to be funded by Rudong Wind Power Generation Company Limited. The remaining investment will be funded by bank loans or from owners of the Project.