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G.Timchenko will try to persuade the Chinese to participate in energy projects in the Far East
Heading the Russian-Chinese Business Council, Gennady Timchenko immediately announced his readiness to participate in projects for the construction of large power plants in the Far East, oriented towards China. Until now, the plans of RusHydro and Inter RAO for the construction of generating facilities have been hampered by difficulties in negotiations with partners from the PRC and a lack of funds (only the hydroelectric power station will require up to 383,6 billion rubles). But Mr. Timchenko is not yet ready to become an investor in these projects and is going to confine himself to a "diplomatic" function.
Gennady Timchenko, heading the Russian part of the Russian-Chinese Business Council, said that he is participating in projects of large-scale China-oriented energy construction projects in the Far East - in particular, in the construction of hydroelectric power plants. "Now we are already thinking of several serious projects related to China, in particular, hydroelectric power plants on Russian territory, thermal stations with the supply of energy to China. This has already been discussed with RusHydro, we plan to contact Chinese partners to start a more specific elaboration of these projects ", - quotes Mr. Timchenko" RIA Novosti ".