Severstal says to invest 1.5 bln rbl in Cherepovets power line - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Severstal says to invest 1.5 bln rbl in Cherepovets power line

MOSCOW, Aug 25 (PRIME) -- The Cherepovets metals plant (CherMK), part of steel producer Severstal, plans to complete a high-voltage 110 kiloVolt power line with an investment of 1.5 billion rubles in 2020, the company said in a statement on Tuesday.

The line will provide electric power from generating capacities of the Cherepovets plant to the industrial facilities on the territory. The company used to buy the service on the market.

(74.4184 – U.S. $1)

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25.08.2020 10:44