24.09 Putin, Finnish President Open New Power Plant in West Siberia

NYAGAN, September 24 (RIA Novosti) Russian President Vladimir Putin and his Finnish counterpart on Tuesday opened a gas-fueled power plant built by Finnish energy company Fortum in the west Siberian town of Nyagan.

Putin and Finnish leader Sauli Niinist? both simultaneously pushed a symbolic button, after which the plant was connected to Russias national power grid.

A Russian presidential aide earlier told reporters that state nuclear power corporation Rosatom planned to become the main contractor in the construction of a nuclear power plant in northwest Finland.

The aide added that Rosatom and Finnish power consortium Fennovoima were expected to sign a contract for the construction by the end of this year.

The Siberian facility, which will eventually generate 1,250 megawatts of power, has had its Unit 1 in operation since March. Units 2 and 3 are to be completed this year and next, respectively. Investment in the project has been about 60 billion rubles ($1.8 billion).

Fortums chief financial officer, Markus Rauramo, said his company was committed to a long-term presence in Russia. Fortums overall investment program in Russia is worth an estimated 2.5 billion euros ($3.3 billion).