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24Sep92 CHINA: TWO POWER PLANTS TO BE BUILT AT HUHHOT AND HENAN.

China is planning to spend 44,000 million yuan (£4,120 million) building two power plants.Talks have already taken place with several contractors to build the larger, a 32,000 million yuan (£3,000 million) coal-fired complex near the Inner Mongolian capital of Huhhot.Huhhot vice president Liu Xue Min said: 'Discussions have already taken place with Hyundai, Samsung and Daewoo'. Wells Fargo Bank, the American financier, has also shown interest, he added.Construction of the 7,200 MW complex will be done in phases, with the 1,200 MW first stage starting by 1995. This will be completed by 2000.The second station is planned for the eastern province of Henan, where a 7,200 MW coal-fired station has been proposed.Hopewell Holdings has already had preliminary discussions and the firm's managing director, Gordon Wu, has already inspected the site.Covering 12 sq km, the 12,000 million yuan (£1,100 million) station will supply Shanghai and guangxi province in the west.A feasibility study has been done by the provincial government which supports the viability of the station, although Liu Chingwen, Hopewell's development director for China, said the question of finance still had to be resolved.