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FINWIRES

Huadian Power International's Output, Sales Jump 15% in Q1

-- Huadian Power International (SHA:600027, HKG:1071) generated a little over 59 million megawatt-hours of power in the first quarter of 2026, up 15% from a year prior, according to a Wednesday Hong Kong bourse filing.

The amount of on-grid electricity sold jumped 15% year over year to 55.4 million megawatt-hours.

Based on retroactively adjusted data from the prior-year period, output and on-grid electricity sold slipped 8.4% and 8.5%, respectively.

This was due to a rise in the installed capacity of new energy sources and the crowding out of the power generation space of existing units by newly installed capacity.

The average tariff of on-grid electricity sold in the three months fell 2.6% to around 504.28 yuan per megawatt-hour compared with retroactively adjusted data in the prior-year period.

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