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
China's state planner has announced that the country will invest $4.6bn in a hydropower project spanning the regions of Sichuan and Tibet. The project, which is expected to be completed by 2025, would provide electricity for more than 10 million people living on either side of the Tibetan plateau.