Russian state-controlled power trader Inter RAO UES is planning a joint venture with Syria in power supplies, head of the company Boris Kovalchuk said on Sunday.
"We have a project on building a joint venture in power supplies both with Syrian and Turkish partners," Kovalchuk said at the opening of a representative office in Abu Dhabi, the United Arab Emirates.
Inter RAO UES has also plans to modernize the Al Hiswa Power Station in Yemen by increasing its capacity from 50 MW to 125 MW, Kovalchuk said. The project is evaluated at around $100 million.
Other plans include the construction of a power generation and oil shale complex as well as the Al-Kamshah wind farm in Jordan and restoring a hydroelectric power plant with the capacity of 670 MW in Iraq, he said.
The company is boosting its presence on foreign markets - in the Middle East and Latin America.
Inter RAO UES controls a number of generating and distributing energy assets in Russia and abroad. The gross installed capacity of the company's power plants totals 18 GW.
ABU DHABI (UAE), February 13 (RIA Novosti)
