Agreement on bases in Syria to serve strengthening of stability in Middle East — MPRussian Politics & Diplomacy January 20, 21:18
Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
Russia's first deputy PM wants to keep current tax system for next political cycleBusiness & Economy January 20, 19:53
Russia’s Shipulin clinches gold in 20km individual race of IBU World Cup stage in ItalySport January 20, 19:18
Prominent Russian adventurer Konyukhov to take samples from Mariana Trench floorSociety & Culture January 20, 19:15
Gazprom CEO says North Stream-2 pipeline proves relevanceBusiness & Economy January 20, 19:10
More survivors found in avalanche-hit Italian hotel — mediaWorld January 20, 18:48
Donald Trump takes office as 45th US PresidentWorld January 20, 18:21
BUENOS AIRES, July 30. /TASS/. The Argentine Finance Ministry and Russia’s Vnesheconombank on Friday signed an agreement on financing construction of the Chihuido I hydropower plant in the amount of $ 1.9 billion, the ministry said in a press release.
This covers 85% of the project’s estimated cost of $ 2.23 billion, it said.
In April 2015, Russia and Argentina signed about twenty agreements during President Cristina Fernandez de Kirchner’s official visit to Russia. The package included an agreement on implementation of the Chihuido I project.
The Russian company Inter RAO Export will be the nominated subcontractor in charge of supplying electric and hydromechanical equipment. It is a member of a consortium of Argentine engineering companies led by Helport SA, which the Argentine government named as the winner of a governmental bidding contest in December 2014.