11 Jul 2012 18:40

VEB could lend 8.3 bln rubles for Izhevsk CHP plant upgrade

MOSCOW. July 11 (Interfax) - The supervisory board at Vnesheconombank (VEB) will discuss a credit facility of 8.3 billion rubles to renovate the Izhevsk-1 CHP plant, Russian Prime Minister Dmitry Medvedev, who chairs the board, said when opening the meeting.

The plant is owned by the TGK-5 generating company.

The board will also look at requests to fund Olympic facilities in Sochi.