Rosneftegaz, Inter RAO to spend 100 bln rbl on Kaliningrad power

KALININGRAD, Jul 14 (PRIME) -- Kaliningrad Generation, a joint venture of Russia’s Rosneftegaz and power holding Inter RAO, will spend around 100 billion rubles to build four power plants in the Kaliningrad Region, which is 43% higher than the initially planned investments, Inter RAO said in a report Thursday.

Rosneftegaz will act as the main investor.

On Thursday, the joint venture started building three gas-fired power plants in the region.

The government earlier decided to build four power plants in the Kaliningrad Region with a combined capacity of 1 gigawatt – three gas-fired plants and one coal-fired plant.

The company will build the 440-megawatt (MW) gas-fired Pregolskaya thermal power plant in Kaliningra, as well as the Mayakovskaya thermal plant in Gusev and the Talakhovskaya thermal plant in Sovetsk with a capacity of 156 MW each. The launch of these plants is scheduled for 2018.

Construction of the 195-MW coal-fired Primorskaya thermal power will start a bit later and its launched is scheduled for 2019.

(63.8531 rubles – U.S. $1)

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