Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa

The First Russian-Chinese Project In the Field of Electric Power
December 13, 2017 20:28


For the first time, the Chinese energy company got control at the Russian enterprise specializing in electric power production. State corporation Huadian became the owner of 51 percent of Huadyan-Teninskaya power station in Yaroslavl.

The share of the Russian energy company TGK-2 in the enterprise was reduced up to 49 percent. The agreement on the establishment of the Huadyan-Teninskaya TPP was signed by TGK-2 and Chinese Huadian in 2011. The station with the power of 450 MW was launched in Yaroslavl in June 2017. This was the first and so far the only Russian-Chinese project in the field of electric power.

In July, the Russian Direct Investment Fund and the Development Bank of China agreed to establish a Russian-Chinese Investment Cooperation Fund. The fund will be formed in Chinese currency, and its scope will be 68 billion yuan (10 billion dollars). TGK-2 includes power generation companies in Arkhangelsk, Vologda, Kostroma, Novgorod and Yaroslavl regions.


Author: Anna Dorozhkina


Next Previous

You might also find interesting:

Wind Farms Will Be Constructed In the South Of Russia WADA Disqualified Russia for Four Years for Violating Doping Rules Moscow Entered the Top 10 Cities in the World with the Best Ecosystem for Startups The Financial Times: Russia Experiences Agricultural Boom Lightcoin (LTC) has Risen in Price by More than 36 Percent

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
suburban trains  Lev Trotsky  Blur  Russian language  Russian Rock Music  Tinkoff Stereoleto Festival  Russian hockey  Russian Monuments  Kizhi  Russian Standard  St. Petersburg  Pastel Art  Suzdal  airport transfer in Russia  Ufa  Festivals in Moscow  Moscow  Russian Metro  society  North Korea  Azerbaijan  Leo Tolstoy  WFEST  Victorian Era  Orthodoxy  meldonium  Tver region  Mercedes-Benz Fashion Week Russia  Russian laws  protest actions  Instagram  Russian regions  Anna Bolshova  Trees  Olympics 2012  Pushkin State Museum of Fine Arts  Russian Cinema  travel to Russia  Exhibitions in Moscow  Alexei German  Isaac Levitan  Installations  Russian tourism  Russian events  missile defence system  Rosneft  Yamal-Nenets Autonomous District   Russian business  book hotels in Russia  Great Lent 

Travel Blogs
Top Traveling Sites