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

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs