SPIC Shijiazhuang Dongfang Energy Corp. intends to invest in a solar thermal power plant situated in Inner Mongolia, China. The total capacity of the plant will be 2,000 MW. The total cost of the project is expected to be CNY 46,000 million (USD 7,207.1 million). The investment per MW will be USD 3.6 million. SPIC Shijiazhuang Dongfang Energy will invest CNY 4,600 million (USD 720.7 million) in the construction and development for the first phase of solar thermal power plant including additional equipment like transformer substations. In the first phase the company will develop the plant with an installed capacity of 200 MW.