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 Japan’s Mitsubishi, Urals Turbine Plant, Novosibirsk’s Elsib and Moscow’s EmAlliance.
As a result of the reconstruction, the station’s 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.