Enka Signed an Agreement to Build Power Plant in Russia

Turkish energy and construction company Enka signed an agreement with Russian company JSC Tatanergo to build a power plant in Russia’s Tatarstan Region. The agreement for the combined cycle power plant is worth $360 million.

ENKA stated in their statement that the plant would have a capacity of 858 MWs, and it will be built in a turnkey basis.

The company also stated that the plant will be operational in November, 2023. When completed, the plant will produce a 858 MW output with a 65% efficiency. This will make the power plant the most efficient one in Russian Federation.

Need to access the insight?

Start your 7-day free trial now

Need to access the insight?

Start your 7-day free trial now

Need to access the insight?

Start your 7-day free trial now


Do you need to access special insights on this matter?

Start your 7-day free trial  and become a member today


Get your daily Business Brief

Subscribe free to Business Brief

Business Brief delivers the latest insights straight to your inbox

You'll get daily industry insights on

Energy, Cleantech, Oil & Gas, Mining, Defense, Aviation, Construction, Transportation, Online Retail, Bigtech, Finance and Politics of Business

By clicking subscribe you agree to our privacy and cookie policy and terms and conditions of use.

Read more insights

Israel, South Korea Sign MoU on Loitering Munitions

Israel Aerospace Industries (IAI) and Korea Aerospace Industries (KAI) agreed on a memorandum of understanding on Oct. 20 on a  loitering munitions program. The MoU was made during the ADEX 2021 Defense Exhibition in Seoul. 

Rhine Water Level Ring Alarm Bells for German Economy

German economy, which has already been under threat from a winter energy shortage and recession, is also facing lowering water levels in the Rhein river, the country’s commercial artery. Weeks of high temperatures and lower than normal rainfall have been decreasing water levels at the Rhine, causing shipping delays and driving freight costs up more than five-fold. The transport ministry acknowledged an “intensification of the low water level” but did not say if or when it might no longer be possible for vessels to use the river. 

Didi Withdraws from NYSE, Seeks Hong Kong Listing

Chinese ride-hailing company Didi announced on its Weibo account that it will delist from the New York Stock Exchange after just five months of its debut. The company said it will pursue a listing in Hong Kong stock exchange. Chinese regulators have put companies listed in overseas markets, especially the tech companies, under intense pressure this year.

error: This content is protected !!