Unnamed Turkish investor expresses interest in funding Belarus' 20-MW Nemnovo hydropower project

The Belarusian Energy Ministry is considering an investment proposal that would help pay for the 20-MW Nemnovo hydroelectric plant, HydroWorld.com has learned.

According to state news service Belarusian Telegraph Agency, and unnamed Turkish company could invest more than US$100 million into the Nemnovo hydropower project should the country's legislature approve a draft investment contract.

The new hydro facility, which would be constructed on Belarus' Neman River, is one of several proposed projects. Also included in the country's plans are new hydroelectric plants in Orsha, Shklov, Mogilev and Rechitsa along the Dnieper River

HydroWorld.com reported in May that Belarusian Prim Minister Mikhail Myasnikovich has emphasized funding for the country's hydropower engineering development program a priority.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs