27 Nov 2013 19:00

OGK-2 genco to keep investment flat in 2014

MOSCOW. Nov 27 (Interfax) - The OGK-2 generating company's investment program will be level with this year's in 2014, the company's deputy CEO for investment, Oleg Sizev, told reporters.

Sizev said the business plan had not yet been approved. "The amount next year will be no lower than this year," he said.

This year's investment program runs to 22.661 billion rubles, including VAT.

Larisa Klisch, the company's head accountant, said during the conference call that investment in capacity supply projects would run to 20.12 billion rubles this year and that 13.2 billion rubles had already been spent on these in January-September.