Caspian Energy Journal Caspian European Club
Thursday, 17 December 2015 16:30

More than 4.6 GW of new generating capacity will be commissioned – Putin

Despite the complicated situation, the fuel and energy complex continues developing [in Russia], President of Russia Vladimir Putin said today (December 17) at the annual press conference, Caspian Energy News ( reports with reference to the press service of the President of the Russian Federation. 

“The production of oil, coal and electricity has grown. More than 4.6 gigawatt of new generating capacity will be commissioned by the end of the year.

We have already commissioned about 20 [facilities], this is somewhat less than last year and the year before that. In the previous two years, we had an absolute record, but 4.6 gigawatt is also very good. We will retain this rate in the following years. This is also very important as it shows the growing capacity of the economy as a whole, its energy security”, Vladimir Putin said.

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