Burma's state media is reporting the country has signed an agreement with Thailand to build a hydroelectric plant on Burma's Thanlwin River.
The report says the agreement was signed Monday between Burma's Hydroelectric Power Department and Thailand's MDX Group of Companies.
The plan calls for a seven-thousand-110-megawatt power plant - known as the Ta Sang Hydropower Project - to be built on the river in southern Shan state.
The plant is expected to cost about six billion dollars and take 15 years to complete. A portion of the electricity generated from the plant will be sold to Thailand and some will be supplied to areas of Burma free of charge.
The Thanlwin River is well located between Thailand and Burma to generate power for both countries.