Hong Kong Elec, China's Huaneng shortlisted for Singapore power plant - report

Huaneng Power International, the mainland's largest power company, and Hongkong Electric are in the short list of bidders for the two bln usd sale of Tuas Power Station in Singapore, the South China Morning Post reported, citing market sources.

The other two bidders for the 2,670 megawatt power plant, which accounts for about 25 pct of Singapore's total power generation capacity, are Australian bank Macquarie and Japanese trading house Marubeni Corp, the Hong Kong newspaper said.

According to Temasek, the investment arm of the Singapore government, Tuas is expected to be sold by March, the report said.

Both Huaneng and Hongkong Electric, the smaller of Hong Kong's two electricity producers, were looking at financing 1.5 bln usd of the deal with loans, the newspaper said, citing sources.

Temasek plans to sell two other power assets, Senoko Power and PowerSeraya, by the middle of next year, the newspaper added.