A groundbreaking ceremony for the Tasang Dam was held in March 2007, and China Gezhouba Group Co. (CGGC) started preliminary construction shortly after.In 2006, the government signed a Memorandum of Understanding (MoU) with Sinohydro for the US$1 billion, 1,200 MW Hat Gyi Dam along the Thai border.In April 2007, Farsighted Group (now known as Hanergy) and China Gold Water Resources Co. signed MoUs for an additional 2,400 MW hydropower project on the upper Salween, an area which Yunnan Power Grid Co. reportedly surveyed in 2006.However, In May 2009, Chinese Premier Wen Jiabao halted the construction of the Liuku dam on the Salween River in China's Yunnan province, calling for more thorough impact assessments.In Kachin State, several Chinese MNCs are involved in the construction of seven large dams along the N'Mai Hka, Mali Hka, and Irrawaddy River, with a combined installed capacity of 13,360 megawatts (17,920,000 hp) In 2007, China Power Investment Co. signed agreements with Burmese authorities to finance all seven dams, as well as with China Southern Power Grid Co. Yunnan Machinery & Equipment Import & Export Co. (YMEC) signed an MoU with Myanmar's Ministry of Electric Power in 2006 to develop the hydropower potential of the N'Mai Hka.In western Myanmar, just inside the Indian border, runs the Chindwin River, where several potential dam sites have been identified that are likely to service export-oriented hydro-power plants.[11] In August 2001, the Kansai Electric Power Company, or KEPCO, contracted with Myanmar to provide technical assistance for developing 12 hydro-power plants, including at least five sites on the Sittang River Yenwe, Khabaung, Pyu, Bogata and Shwe Gin.