Huaneng Power International (NYSE: HNP; HKEx: 902; SSE: 600011) said the Chinese government had approved its plans to purchase stakes in power companies and their assets, as was proposed in agreements signed on April 16. They include the China Huaneng Group, Huaneng International Power Development Corporation (HIPDC) and Jiangxi Provincial Investment Corp (JPIC). Huaneng Power…

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