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Datang International Lifts Q1 2026 Power Output as Market-Based Sales Deepen

Story Highlights
  • Datang International grew Q1 2026 on-grid power generation 3.46%, led by strong gains in gas and hydropower output.
  • Average tariffs declined 4.8% as market-based electricity trading reached nearly 82% of Datang’s total sales volume.
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The latest update is out from Datang International Power Generation Co ( (HK:0991) ).

Datang International Power Generation Co., Ltd. reported that its total on-grid power generation for the first quarter of 2026 reached approximately 62.41 billion kWh, up 3.46% year on year, supported by increases across all major generation types. Gas-fired output jumped 21.83%, hydropower rose 15.20%, wind power grew 1.68%, coal-fired output edged up 0.79%, and photovoltaic generation increased 7.50%, reflecting both higher national electricity consumption and capacity growth in gas-fired units.

The company attributed the stronger volumes mainly to rising nationwide power demand and improved water inflows for its hydropower units in Chongqing and Yunnan, which helped lift overall production. As of 31 March 2026, the average on-grid tariff fell about 4.8% to RMB438.78 per MWh, while market-based transactions accounted for roughly 81.81% of total electricity sales, underscoring the company’s deep participation in China’s increasingly market-driven power trading framework.

Regionally, Hebei recorded a 7.20% rise in on-grid output, supported by gains in coal, hydro, wind and solar, while Tianjin also saw double-digit growth driven by coal and a surge in photovoltaic generation. In contrast, Beijing and Shanxi posted declines in overall on-grid volumes, particularly in coal and wind, highlighting uneven regional dynamics even as the group’s total generation continued to grow.

More about Datang International Power Generation Co

Datang International Power Generation Co., Ltd. is a sino-foreign joint stock power producer incorporated in the People’s Republic of China and listed in Hong Kong. The company operates a diversified generation portfolio including coal-fired, gas-fired, hydropower, wind and photovoltaic assets, serving growing electricity demand across multiple Chinese regions.

Average Trading Volume: 29,552,891

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$71.58B

For detailed information about 0991 stock, go to TipRanks’ Stock Analysis page.

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