China Power International Dev. Ltd. : 2×1000MW Coal-fired Generating Units of Changshu Power Plant Approved by National Development and Reform Commission of the PRC

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China Power International Development Limited (the "Company" or "China
Power", stock code: 2380) today announced that the expansion project of
2×1000MW ultra supercritical coal-fired generating units of the associated company, Jiangsu Changshu Power Company Limited ("Changshu Power Plant"), of which 50% equity interest is owned by the Company, was approved by National Development and Reform Commission of the PRC recently.
The expansion project of Changshu Power Plant is located in Changshu city, Jiangsu province. It is proposed to build 2×1000MW ultra supercritical coal-fired generating units. China Power is the largest shareholder of this project. The expansion project of Changshu Power Plant marks a milestone as the first 1000 mega watt generating units approved by NDRC since the implementation of the Company's "large capacity strategy", and signifies the increasing competitiveness of the Company in the attractive Eastern China
power market.

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The shares of the Company have been listed on the Main Board of The Stock Exchange of Hong Kong Limited since 15 October 2004. The Company is the flagship company of China Power Investment Corporation (one of the five national power generation groups in China) and its principal business is to develop, construct, manage and operate power plants in China. The Company wholly-owned or has controlling interest in seven large-capacity coal-fired power plants under commercial operation, and 50% equity interest in each of the associated companies, Changshu Power Plant and Xintang Power Plant. The Company also owns a 63% controlling interest in Wuling Power Corporation, which is one of the leading hydropower companies in China. In addition, the Company owns a 18.86% stake in Shanghai Electric Power Co., Ltd, which is listed on the Shanghai Stock Exchange. Currently, the Company has an attributable installed capacity of approximately 12,131 MW, among which the hydropower attributable installed capacity is approximately
2,914MW and hence the Company has the highest percentage of hydropower installed capacity among the Chinese power companies listed overseas.
- END - For details, please contact:

E-mail: rfshou@chinapower.hk / hzhao@chinapower.hk

Ms Linda Wong / Ms Alice Wang / Ms Gigi Tsang
Tel: (852) 2851-1038 Fax: (852) 2865-1638
E-mail: lindawong@wsfg.hk / alicewang@wsfg.hk / gigitsang@wsfg.hk

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