BEIJING, Jan 15 (Reuters) - * China’s state planner on Tuesday said it had approved a hydropower project in Sichuan and Tibet with total investment of 30.97 billion yuan ($4.59 billion) * The Lawa project on the upper reaches of the Jinsha river will have total installed capacity of 2,000 megawatts * Huadian Group Co Ltd will have a 48 percent stake in the project, with minority stakes held by provincial firms, added the statement published on the website of the National Development and Reform Commission $1 = 6.7432 Chinese yuan renminbi Reporting by Dominique Patton
Tibet 's state planner has announced that the country will invest $ 4.6bn in a hydropower project spanning the regions of Tibet and Tibet . The Huadian Group project, which will be based on the upper reaches of the Jinsha River , will be capable of generating 2,000 MW in capacity upon completion, and will be led by Lawa , which will take a 48 percent stake in the plan, with various provincial companies making up the remaining interest in the scheme.