China powers up on overseas electricity investment projects

Analysts say nation is charging ahead with strategic purchases abroad in energy sector

Analysts said the startup of China's biggest power project in Russia points to expanding and increasingly important deals in the power sector between the two countries, and also significantly expanding investments by China in power projects internationally.

Huadian power plant - with a total investment of $571 million - is in Yaroslavskaya Oblast in Russia. It started operating on June 21, and is the successful result of a project launched by China Huadian Hong Kong Co Ltd and Russian regional power company TGC-2 in 2011.