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Country News

17 February 2012

Lukashenko invites China to build new power generating unit in Minsk

MINSK OBLAST, 17 February (BelTA) – China could build a new power generating unit in Minsk, President of Belarus Alexander Lukashenko told representatives of the China National Corporation for Overseas Economic Cooperation (CCOEC) as he visited Minsk cogeneration plant No. 5 on 17 February. “If you fulfill the conditions, and they are feasible for you, we will get down to implementation,” Alexander Lukashenko told top CCOEC executives. The Chinese corporation is involved in three ongoing investment projects in the power engineering industry. “Let’s plan another construction like that. Let’s invest money in real projects instead of giving money to Europe without any knowledge whether you can return the money,” said Alexander Lukashenko. “We are about to build a new power generating unit on the conditions Vladimir Semashko has mentioned,” the President summarized. “It is my gratitude to the Chinese leader,” he added. First Vice Premier of Belarus Vladimir Semashko said, at present three investment projects involving a total of $823.1 million in Chinese credit resources are in progress. Besides, the complex construction of a steam gas power generating unit at Minsk cogeneration plant No. 5 has been completed. “The Chinese side has made the suggestion and we are ready to build a fourth power generating unit in Minsk, in the Krasny Bor area where the demand for heating energy is high,” said the official. Vladimir Semashko explained that it will be a combined unit that will generate both electrical and heating energy. Vladimir Semashko remarked it is possible to reach the contract signing stage by the end of 2012. “If our proposals are accepted, it is feasible to start building the power generating unit in 2013,” he said.

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