Untitled Document

Belarus prime minister emphasizes need for hydropower project funding

GRODNO OBLAST, Belarus 5/25/12 (PennWell) -- Belarus' efforts to create a national hydropower engineering development program might never come to fruition if the country can't find financiers, according to Prime Minister Mikhail Myasnikovich.

Myasnikovich, speaking to state news service Belarusian Telegraph Agency during an inspection of the 17-MW Grodno hydropower plant earlier this week, says the country must change its investment model to reach its objectives.

"We should use a modern scheme where investors build and then hand it over to the state," Myasnikovich says. "It will considerably ease the burden on a borrower."

Myasnikovich says, however, that the country is in talks with Turkish investors on the construction of two new hydropower facilities in addition to nine already being planned for completion by 2020.

Related Articles

Upper Lillooet hydro

Firefighters set up at temporarily out-of-service Upper Lillooet Hydro Project

BC Wildfire Service personnel have been using the project construction camp for the Upper Li...

Fast Track Approach to Design and Construction at Grand Ethiopian Renaissance Dam

The Grand Ethiopian Renaissance Dam (GERD) and hydroelectric project is located 700 km north...

World News

News on the global hydroelectric industry from July-August 2015

Come on get happy

I recently took my daughters to see the Pixar movie Inside Out, so I’ve been thinking about ...

Recent Comments




Hydro Slideshows

more slideshows >>  

Hydro Whitepapers

Industry News

Editor's Picks

06/01/2015
Volume 34, Issue 5
07/01/2015
Volume 23, Issue 4

Buyers Guide Products

Buyers Guide Companies