South West | Energy, utilities

LUKOIL to invest $480m in Krasnodar power station

26 May '09
Oil giant LUKOIL is to invest a total of $480m in reconstruction of Krasnodar thermal power station, Interfax reports.

Under plans, new equipment is to be installed at the station, supplied by Japans Mitsubishi, Urals Turbine Plant, Novosibirsks Elsib and Moscows EmAlliance.

As a result of the reconstruction, the stations capacities are to increase by 410 MW, which would enable it to provide electricity throughout the region and heat in Krasnodar city.

Reconstruction is scheduled to be completed in 2011.

Krasnodar thermal power station belongs to TGC-8, which is a part of LUKOIL.
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