China Huaneng Group

China Huaneng Group Corporation was founded in 1989 as the holding company for a series of companies of that under the supervision of State Planning Committee [zh] of the State Council of China, including Huaneng Coal Corporation and Huaneng International Power Development Corporation, etc. The group was part of a project that replacing oil fired power plant to coal power plant (Chinese: ).[1][2] In 1993, the corporation was under the dual supervision of the Ministry of Power Industry [zh] and the State Planning Committee.[3] In 1995, Huaneng Coal Corporation became a separate state-owned enterprise group that under the provisional supervision of the State Planning Committee, as Shenhua Group.[4] China Huaneng Group was then became the subsidiary of the State Power Corporation of China, a mega-conglomerate that replacing the commercial function of the Ministry of Power Industry.[5] In 2002, the State Power Corporation of China was dismantled[6] as groups of companies of power grid (...