106bn RUR to be invested in production facilities of TGK-9 before 2015

21 November 2006 (14:58)

106bn RUR will be invested in the production facilities of Territorial Power Generating Company 9 (aka TGK-9) before 2015, says the report based on the results of the Board’s meeting.

The company’s top priority projects are the construction of Novo-Bereznikovskaya power station (the project is estimated to cost 14.3bn RUR) and reconstruction of Permskaya power station (the project will cost 3.8bn RUR).

The money is expected to be derived from the profit obtained as a result of the company’s performance as well as depreciation funds and loans. Besides, the company is planning to use money obtained through additional share issues.


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