RNS Number : 4201C
China Yangtze Power Co. Ltd.
11 October 2022
 

China Yangtze Power Co., Ltd.
Announcement on Electricity Generation in Q3 of 2022

The board of directors and all directors of China Yangtze Power Co., Ltd. (the "Company") warrant that there are no false representations and misleading statements contained in, or material omissions from, this announcement, and severally and jointly accept the responsibility for the truthfulness, accuracy and completeness of the contents of this announcement.

According to the preliminary statistics of the Company, the total water inflow at the Xiluodu Reservoir by Q3 of 2022 reached approximately 42,269 million cubic metres, representing a year-on-year decrease of 20.49%, while the total water inflow at the Three Gorges Reservoir reached approximately 100,683 million cubic metres, representing a year-on-year decrease of 54.40%.

Affected by the serious shortage of water inflow in the third quarter on a year-on-year basis, the gross electricity generation of the Company's cascade hydropower projects was 53,418 GWh in Q3 of 2022, representing a year-on-year decrease of 34.20%. Among them, the Three Gorges Project generated 20,028 GWh of electricity, representing a year-on-year decrease of 51.57%; Gezhouba Project generated 4,912 GWh of electricity, representing a year-on-year decrease of 21.19%; Xiluodu Project generated 17,994 GWh of electricity, representing a year-on-year decrease of 17.60%; and Xiangjiaba Project generated 10,485 GWh of electricity, representing a year-on-year decrease of 9.69%.

In the first three quarters of 2022, the gross electricity generation of the Company's cascade hydropower projects was 148,532 GWh, representing a year-on-year decrease of 2.61% (In the first half of the year, the gross electricity generation of the Company's cascade hydropower projects had a 33% year-on-year growth due to the relatively high inflow of water, etc. See the company's semi-annual report for relevant data).

The electricity generation of each of the Company's hydropower projects in the third quarter of 2022 is as follows:

Project Name

Gross Electricity Generation (GWh)

Three Gorges Project

20,028

Gezhouba Project

4,912

Xiluodu Project

17,994

Xiangjiaba Project

10,485

Total

53,418

 

 

The Board of Directors of China Yangtze Power Co., Ltd.

10th October, 2022

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCFFLBFLBLZFBV