News // Asia
China, Russia To Build Power Plants
13 October 2006 , 09:23524
China and Russia are planning to spend $10bn on building power plants in north east China.
The plants, to be built on the border between the two countries in China's northeast, will help provide energy needed for China's economic boom.
China's State Grid Corp and Russia's Unified Energy systems are behind the project, the report said.
The plant is predicted to generate 60 billion kilowatt hours annually.
China's shopping centres and factories have been competing for energy supplies with blackouts occurring across the country.
"China's electricity demand will continue its fast growth in the coming years," said Bai Jianhua, an analyst at China's State Power Research Centre.
16:01 04.02.2019Russia has 2nd-lowest gas price in Europe
18:00 27.04.2017Belarus-Russia oil and gas agreements honored in full
10:01 23.05.2014Offshore Marintec Russia - a new platform for demonstration of modern technical solutions at all stages of development of the shelf.
10:20 13.08.2013Far East Energy Updates on Drilling Activities in China
10:24 07.12.2012China Warns Vietnam on Oil Exploration