Date: 3 weeks ago   Category: Energy

Private investments into coal mining in Russia till 2025 can make 1 trillion rubles — Rambler News Service


Private investments into coal mining in Russia till 2025 can make 1 trillion rubles, the Minister of Energy of the Russian Federation Alexander Novak has reported during the meeting of the presidential commission on energy industry. He has noted that the Ministry of Energy together with other ministries and departments and the coal companies has handled an issue of possible hobby of coal mining in Russia. The Ministry of Energy sees a possibility of growth of coal mining by 2025 to 560 million tons (in comparison with the approved volume of 460 million tons), and by 2030 - up to 590 million tons (in comparison with the approved volume of 480 million tons). "For this purpose the volume of private investments into coal mining of nearly 1 trillion rubles will be required. Colleagues from the coal companies confirm that they are ready to enclose such volume of investment", - Novak has told. According to the minister, growth of coal mining is supposed on Kuzbass, in Khakassia, Yakutia, Tuva, Khabarovsk Krai, projects in Zabaykalsky Krai, Buryatia, the Irkutsk, Novosibirsk and Amur regions are also planned. Novak has added that the total amount of investments in six years (taking into account investments into railway and network infrastructure) will be 1,5 trillion rubles.

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