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ERR - Eesti Energia has reached an agreement with French power concern Alstom on the latter's construction of a new shale-burning electrical plant in Narva.The plant's first unit should be completed by 2015, rus.err.ee reported.
"As a result of intensive negotiations with Alstom, we were able to achieve profitable contract terms. At the same time, we cannot make investments without government support. Before the building work starts a government decision on subsidies for the construction is needed," said Tõnu Aas, board member of Eesti Energia's subsidiary Narva Elektrijaamad AS.
Read more: http://news.err.ee/economy/696a8e24-2db6-430f-80d7-2da284c25b0e
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