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(From Asia Pulse)
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BEIJING, Aug. 9 /Xinhua-PRNewswire-AsiaNet/ --
Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) has signed the "Year 2005-2009 Coal Supply Agreement" (the "Agreement") with China Coal Import & Export Company ("CCIEC") in Beijing today.
Pursuant to the Agreement, CCIEC will supply the Company with thermal coal amounting to 5 million tonnes, 6 million tonnes, 7 million tonnes, 8.5 million tonnes and 10 million tonnes, respectively for the following five years from 2005 to 2009. After amicable discussion under the principles, which secure …