Smooth Completion of the Largest Hydropower BOT Project Built by China in a Foreign Country—Production of All 6 units of Shweli Cascade-I Hydropower Station in Myanmar

On April 29, 2009, unit 6 of Shweli Cascade-I Hydropower Station in Myanmar, the largest hydropower BOT project built by China in a foreign country, completed 72-hour test run without a hitch. So far, the last unit of the station was put into operation as scheduled, marking the successful completion of the project. The move signifies a new major progress made by China Huaneng Group in implementing its “going out” strategy and has set an example for promoting the electric power cooperation in Greater Mekong sub region.The station has a total installed capacity of 600MW and a designed annual output of 4 billion KWh.

The total budgetary estimate of the project is RMB 3.2 billion Yuan, including 2.96 billion Yuan invested by the Chinese side.

The project is now the largest hydropower BOT project of China in Myanmar and also the largest of its kind ever built and put into operation in Myanmar. As an important project of China Huaneng Group in implementing its “going out” strategy, it is developed, operated and managed in the form of BOT (build—operate—transfer) by Yunnan United Power Development Co.,

Ltd., which is controlled by Lancang River Hydropower Co., Ltd. of China Huaneng Group.