According to reports from RIA Novosti, the JV will be established on a parity basis, and will investigate the development of six projects over the next three years with an installed capacity of over 10,000MW. China Yangtze is then expected to arrange financing from Chinese lenders, depending on the outcome of project feasibility studies.

If the projects go ahead, some of the power produced is expected to be exported to China’s northern regions which suffer from regular power shortages.