Three Gorges Water Resources (600116.SH) sold 3,067 billion kilowatt-hours of electricity in the first quarter, down 9.16% year on year

Zhitong Finance App News, Three Gorges Water Resources (600116.SH) announced that in the first quarter of 2025, the total power generation capacity of the company's wholly-owned and holding company hydropower plants was 276.84 million kilowatt-hours, down 7.10% year on year; of these: Chongqing was 2733.4 million kilowatt-hours, down 7.10% year on year; the Yunnan region where the Mangya River Level 2 power station is located, a decrease of 7.41% year on year. The hydropower plants of the company's wholly-owned and holding companies completed a total of 2724.1 million kilowatt-hours of feed-in electricity, a year-on-year decrease of 7.17%; of these: 268.92 million kilowatt-hours in Chongqing, a year-on-year decrease of 7.16%; the Yunnan region was 0.0349 million kilowatt-hours, a year-on-year decrease of 7.43%. Yubeishan Power Plant, Shuanghe Power Plant, Ganchang Power Plant, Changtan Power Plant, Duodu Power Plant, Shuangquan Hydropower Station, and Dahekou Hydropower Station are the company's own power plants without approved feed-in tariffs. The average feed-in price for other power stations is 0.2,892 yuan/kilowatt-hour (excluding tax). The company sold 3,0672 billion kilowatt-hours of electricity in the first quarter of 2025, a year-on-year decrease of 9.16%.