Urals | Energy, utilities

Technopromexport to build $855m power unit at Urengoy GRES

30 Apr '10
Power generating company OGC-1 has selected Technopromexport the winner of a tender for a contract to build an $855m PGU-450 power unit at Urengoy GRES power station, OGC-1 reports.

The project is reportedly to be financed with the funds to be raised from the company’s private placement of follow-on shares. Currently the works are financed with OGC-1 funds, as well as a loan from INTER RAO UES.

The power unit’s capacity is 450 MW.

The unit is scheduled to be put into commission in 2012.
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Tags: OGC 1 (7) / power station (316) / Urengoy GRES (3) / power gas unit (0) / Technopromexport (0) /

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