China needs Russian electricity various
June 17, 2009 – 7:45 pmChina expects to increase the supply of electricity from Russia and has already prepared to sign the relevant contract with Russian companies, said on Wednesday the newspaper “China Daily”, with reference to the insiders.
According to sources, the paper suggests the construction of several cross-border transmission lines . At the project are “billions of yuan,” writes the publication (one yuan is worth about 4.5 ruble).
In the draft agreement, it is assumed that Russia would annually supply China 18 billion kilowatt electricity from 2010 to 2015. Later, this amount will be raised to 60 billion kilowatts, writes RIA Novosti “.
” followed by oil and gas purchase from Russia of Russian power is the ideal way to meet the growing demand for electricity in China, where consumption is increasing annually at an average rate of 5% “, – summed up the newspaper.
