Russia to Spend $1.7 Billion on Nuclear Plants
February 24, 2010 /EIN PRESSWIRE/ Days after the US announced that it will build its first nuclear power plant in years, Russian Prime Minister Vladimir Putin announced that his country will also invest heavily into nuclear power.
Speaking at the Sayano-Shushenskaya hydropower plant, Putin announced that Russia will spend $1.7 billion constructing new power plants. At the same time, he announced that fines would be levied against energy companies that did not invest more in the energy sector -- or risk not being able to sell their energy at all.
Putin accused Russian energy companies OGK-3, TGK-2, TGK-4 and Complex Energy Systems of running away from their investment obligations.
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Speaking at the Sayano-Shushenskaya hydropower plant, Putin announced that Russia will spend $1.7 billion constructing new power plants. At the same time, he announced that fines would be levied against energy companies that did not invest more in the energy sector -- or risk not being able to sell their energy at all.
Putin accused Russian energy companies OGK-3, TGK-2, TGK-4 and Complex Energy Systems of running away from their investment obligations.
Read more at Power Plant News Today:
Latest Russia Power Plants news - http://powerplants.einnews.com/russia/
Located at http://powerplants.einnews.com, Power Plant News Today is a service of EIN News, an industry leader in news monitoring for business professionals and analysts. Using a combination of proprietary search technology and human editing, EIN News delivers to its members the latest power plant news from around the world, saving them valuable time they'd spend searching for information. New users to Power Plant News Today can enjoy a no-obligation, one-week free trial.
About EIN Presswire
The EIN Presswire press release distribution service is a news-syndication solution that distributes news to more than 10 million visitors annually at EIN News and millions more through its press release distribution partners. A news source for leading journalists, decision-makers and industry professionals worldwide, EIN Presswire targets press releases to a wide array of worldwide business professionals in more than 80 different industries. EIN Presswire also offers affiliate network opportunities and news distribution to tens of thousands of news subscribers daily. Read the newest business news at http://www.einpresswire.com and the latest world news in more than 80 different industries at http://www.einnews.com.
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