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  • Russia to build power plant for Serbs

    05/11/2006 11:17:39 AM PDT · by kronos77 · 49 replies · 712+ views
    Russian state-owned company Technopromexport has announced it will build a thermal power plant in Serbia within three years. The company Wednesday signed a contract with Serbia and Switzerland's Mentor Energy, company officials said. The construction of the plant, with two 450-megawatt blocks, is estimated to cost $877 million. Maja Gojkovich, mayor of the Serbian town Novi Sad, where the plant will be built, said the project will greatly benefit the economy of the town and the country, the RIA Novosti news agency reported. "It will provide work for 5,000 to 6,000 Serbs and guarantee orders for a number of Serbian...