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China, Russia To Build Power Plants

China and Russia are planning to spend $10bn on building power plants in north east China

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.