Siberian ex-cop turned sadistic ‘werewolf’ serial killer charged with another 60 murdersSociety & Culture March 27, 11:25
Russia’s FSB detains gunmakers, seizes three aircraft gunsRussian Politics & Diplomacy March 27, 10:32
Russian, Tajik troops hold joint anti-terror drills in AsiaMilitary & Defense March 27, 9:11
US calls for release of detained participants in unsanctioned rallies across RussiaWorld March 27, 6:37
Russia conducts six humanitarian operations in Syria in 24 hoursSociety & Culture March 27, 6:34
Talks on banning nuclear weapons begin in UN without Russia, USWorld March 27, 6:28
Meeting with Putin of exceptional importance for Serbia — premierWorld March 27, 4:16
Election in Moldova shows people support rapprochement with Russia — Socialist factionWorld March 27, 4:06
Former Zenit FC player Kazachenok dies at 64Sport March 27, 1:37
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.