Bank of Moscow for Far East generating company credit of $ 4 billion rubles

Written by admin on August 6th, 2009

Bank of Moscow provided OAO Far East Generation Company (DGK) loan in the amount of 4 billion rubles for the year, said the bank. This money will be spent on the refinancing of existing obligations energy, - said the financial director of OJSC DGK Arkady Kozyaykin.

In May 2009, Bank of Moscow was declared the winner for the right to provide credit to JSC DGK. In June, it signed an agreement.

Today, Moscow Bank to credit the real sector of the economy - underlined Sergey Ermolaev, vice-president of the bank. - By providing financial resources for fuel and energy complex enterprises, we facilitate the development of the energy complex.

OAO Far Eastern Generating Company - the fourth largest installed capacity Territorial Generation Company (TGC) and Russia's largest energy market participant Far East. The installed electric capacity of OJSC DGK is 5 850 MW, heat - 11574 Gcal per hour. The development of electric power on the basis of 2008 amounted to 20.7 billion kilowatt-hours of heat - 21.7 million Gcal.

The composition of OJSC DGK consists of 15 power plants, 5 large boiler, 750 km of trunk heating (in double rate) and the coal mine.

power works in the five subjects of the Russian Federation: the Amur Oblast, Primorsky Krai, Khabarovsk Krai and Jewish Autonomous Region, in the south of the Sakha Republic (Yakutia) - 1 January 2007.
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