NATO rejects media claims alliance unable of quick deploymentWorld October 21, 13:01
Russia has no doubts Iran observes JCPOA - deputy foreign ministerRussian Politics & Diplomacy October 21, 11:04
Monuments to Soviet troops in PolandWorld October 21, 10:57
Putin and Erdogan give positive assessment to joint efforts in Astana processWorld October 21, 3:03
Privileges to certain languages in Ukraine’s education law to worsen situation — diplomatRussian Politics & Diplomacy October 20, 21:46
International balance of forces in Syria after Raqqa’s liberation unclear yet — expertMilitary & Defense October 20, 21:05
Russia to resume import of aubergines, pomegranates from Turkey since October 30Business & Economy October 20, 20:18
International station to orbit Moon at 70,000 km distance from EarthScience & Space October 20, 20:09
US indulging in lies to have UN-OPCW mission’s mandate extended — Foreign MinistryRussian Politics & Diplomacy October 20, 19:31
TOKYO, October 18 (Itar-Tass) - Japan’s Itochu Corporation is about to make a decision on its involvement in modernisation of the Avtozavodsk heat and power plant in Nizhny Novgorod, the company said on Friday.
The company expects an official agreement to be signed shortly. The deal’s pricew is 55 billion yens ($561 million). Japan’s bank consortium will allocated a loan to cover three quarters of the money, Itochu said. the contract will be the biggest one in the history of cooperation between Japanese companies and the Russian side in heat and power energy.
The project includes construction of a new energy block of 400 mega watts. The work on the energy block will feature Toyo Engineering and Mitsubishi Heavy Industries. The latter will supply a steam-gas energy unit and will service it later on.
Russia’s EN+ Group and Japan’s Itochu signed a memorandum on the project in last November. The energy block’s construction is due to begin in 2014 to be completed by 2016.