Vologda’s Governor attended a ceremony to launch construction of a gas-piston power station in Vologda.
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The new gas-piston power station which is to be commissioned in the second quarter of 2014 will generate up to 4 MW of electric energy and 3,932 MW of heat energy.
Vologda Oblast Government Oleg Kuvshinnikov said at the ceremony that this project is very important for the Vologda Ball-Bearing Plant that is implementing the project and the Vologda Oblast as a whole. The total investments into the project will amount to RUR 109 mln. The project is expected to employ 15 people.
Mr. Kuvshinnikov and the top leadership of the Vologda Ball-Bearing Plant laid a commemorative capsule into the foundation of the new gas-piston power station which will reduce production cost price of ball bearings and make them more competitive in the domestic and international markets.
At present, the Vologda Ball-Bearing Plant is one of the top taxpayers of the Vologda Oblast. The output of ball bearings makes up 25% of total Russia’s production.
During the visit to Vologda Ball-Bearing Plant, Vologda’s Governor watched the whole process of ball-bearing manufacturing, attended the workshops of the plant and its assembly line. Oleg Kuvshinnikov also met the employees of the plant and discussed prospects of the plant’s development with its head.
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