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. Last Updated: 07/27/2016

China Starts Building Power Link-Up

China has started building a cross-border power transmission line as part of a $10 billion project to import electricity from Russia, the Beijing-based State Electricity Regulatory Commission said in its newsletter Friday.

Construction started July 26 in the northeastern province of Heilongjiang, the commission said. The project is due for completion by the end of 2008.

China is increasing investment in Russia and Central Asia as it seeks supplies for the world's fastest-growing major economy. The two neighbors may spend as much as $10 billion over the next five years building power plants along their border, State Grid Corporation of China said in October.

The project will supply 4.3 million megawatt-hours of electricity per year from the Russian Far East.

State Grid will build 5,000 kilometers of power lines with capacity of 500 kilovolts along the border, the state-owned Assets Supervision and Administration Commission said July 23.