Head of the Turkish Calik Holding Ahmet Calik at a meeting with Turkmen President Gurbanguly Berdimuhamedov told about the process of construction of an international seaport in Turkmenbashi city, said the message of the Turkmen government. Calik received specific instructions of the Turkmen president in this regard, according to the message. The Turkish holding will…
The European Bank for Reconstruction & Development’s (EBRD) Board of Directors has adopted a decision on raising the bank’s stake in the equity capital of Holcim OJSC in Azerbaijan (formerly Garadagh Cement Plant) to 20%, according to the bank’s message. This move was made to continue supporting the company to improve energy efficiency through the…
Russia will finish construction of its part of a railroad bridge across the Amur River to China in mid-2018, the Transport Minister Maxim Sokolov reported. China has already finished its part of the bridge. The project should have been implemented in 2017, but the new term is 2018, Sokolov said. The project was moved from…
Matua Island, which is a part of the Kuril Archipelago, will be used for logistics purposes, the president of the Russian Geographic Society Sergey Shoigu said, adding that a pier would be built there. “We are to answer a number of specific questions, and we are to do so this year. We plan to resume…
Enel, through its renewable energy subsidiary Enel Green Power Brasil Participacoes Ltda. (“EGPB”), has started the construction of the Horizonte solar plant, located in Tabocas do Brejo Velho in the state of Bahia in North-Eastern Brazil. “With the start of construction of Horizonte, Enel has reached yet another milestone in the implementation of its growth…
VTB Bank is going to grant Amuragrocenter Ltd (Amursk region) a credit line of 400 million rubles for construction of soybean oil extraction plant on the territory of advanced development of Belogorsk. First funds from the bank were granted for this project in July 2015. Total sum of the project is 5.8 billion rubles. Project…
Construction of a power line of 500 kilovolts is under consideration for ensuring the electricity supply from Turkmenistan to Pakistan. The route of the new electricity grid will run in parallel to the route of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline. Moreover, work is underway on constructing Mary – Sarakhs – Mashhad (Turkmenistan-Iran) overhead power transmission line…