Tag Archives: construction

South Korea’s K Water to build $1-bln hydropower plant in Georgia

TBILISI. Dec 24 (Interfax) – The Georgian Partnership Fund and Korea Water Resources Corporation (K Water) have signed a deal to build the 280 MW Nenskra Hydropower Plant in the Svaneti region of Northwest Georgia at a cost of $1 … Continue reading

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Rosatom to receive 50 bln rubles in subsidies for Akkuyu NPP in 2015

MOSCOW. Sept 25 (Interfax) – Russian State Nuclear Energy Company Rosatom will receive 50.1 billion rubles in state subsidies in 2015 for the construction of the Akkuyu nuclear power plant (NPP) in Turkey, according to a draft of Russia’s 2015 … Continue reading

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Kazakhstan, Iran to build $285-mln glass plant in Kyzylorda

ASTANA. Sept 9 (Interfax) – JSC Investment Fund of Kazakhstan and Iran’s Kaveh Flat Glass Co., which belongs to the Kaveh Glass Industry Group, signed an agreement on the creation of a joint venture (JV) for the construction of a … Continue reading

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Metalloinvest cuts investment program from $750 mln to $600 mln in 2014

Metalloinvest is considering decreasing its investment program in 2014, one of the participants in a conference call for analysts with Metalloinvest’s financial director, Pavel Mitrofanov, said on Tuesday. “It’s possible that capex this year will be cut by $150 million … Continue reading

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Construction of FEPCO infrastructure to be on list of monopoly investment programs

MOSCOW. July 22 (Interfax) – The construction of infrastructure for Rosneft’s (MOEX: ROSN) Far East Petrochemical Company (FEPCO) project should be included on the list of natural monopoly investment programs. Such an instruction was given to the government after a … Continue reading

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Eurasia Drilling buys back another 85,000 GDR for possible $2.7 mln

Eurasia Drilling Company bought 85,000 Global Depositary Receipts (GDR) or 0.06% of issued and outstanding shares as part of a buyback program, the company said. The deal was closed on July 8. The average price of one GDR is $31.53. … Continue reading

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Air Liquide launches 1.6-bln ruble industrial gases plant in Saratov

LLC Air Liquide Balakovo, the French company Air Liquide’s subsidiary in the Saratov region, commissioned an industrial gases plant on Monday, the press secretary of the region’s Industry and Energy Ministry, Svetlana Korsukova, told Interfax. “The total investment in the … Continue reading

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Investments in SOCAR-Polimer to total $335 mln

Investments in LLC SOCAR-Polimer, a subsidiary of the State Oil Company of the Azerbaijan Republic (SOCAR), will total $335 million, the Sumgait Chemical Industrial Park, of which SOCAR-Polimer is a resident, told Interfax. SOCAR-Polimer will begin building a plant to … Continue reading

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Iran discussing $10 bln in electricity projects with Russia (Part 2)

Iran is discussing $10 billion worth of electricity projects with Russia, Russian Energy Minister Alexander Novak told reporters on the sidelines of the St Petersburg International Economic Forum. “We recently discussed, with the Iranian energy minister, a whole package of … Continue reading

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” News headlines May 24, 2014 17:49 Iran discussing $10 bln in electricity projects with Russia (Part 2)”

Iran is discussing $10 billion worth of electricity projects with Russia, Russian Energy Minister Alexander Novak told reporters on the sidelines of the St Petersburg International Economic Forum. “We recently discussed, with the Iranian energy minister, a whole package of … Continue reading

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