Vneshekonombank OAO Lending Territorial'naya generiruyushchaya kompaniya No 9 OAO RUB 26 Billion-Interfax

Interfax reported that the Supervisory Board of Vneshekonombank OAO (VEB) has approved the extension to generating company Territorial'naya generiruyushchaya kompaniya No 9 9OAO TGK-9) of two loans totaling RUB 26 billion for the building of new power stations, the Chairman of the Bank's Supervisory Board, Mr. Vladmir Dmitriev told the press. One project is RUB 11 billion rubles and another one is RUB 15 billion, Mr. V. Dmitriev said. It had been reported that VEB might provide TGK-9 with credits for the building of Novobereznikovskaya combined heat and power plant (CHPP) in Perm Territory and Nizhneturninskaya State District Power Plant (GRES) in Sverdlovsk Region.