Volga | Energy, utilities

TGK-6 to spend $50.2m on repairs in 2008 - claim

10 Sep '08
2008 will see Nizhny Novgorod energy supplier TGK-6 invest $50.2m in upgrades and grid repairs, the firm claimed today.

If so this is 12.5% up on what it spent on similar aims in 2007.

The firm said the works were 65% complete. Works already carried out include repairing four turbo generators with collective capacity of 295MW. Six of them are to be repaired in total.

In addition 13 kilometers of power cables had been built, the firm added.
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