OREANDA-NEWS. The Board of Directors of OJSC “Territorial generation company №4” (OJSC “TGC-4”) has approved the Investment program of the company for 2007 at the rate of 3,6 billion roubles.

Projects of the corrected 5-year investment program of the company are included in the document. Among them - reconstruction of Belgorod, Kaluga, Yelts TPP, Voronezh TPP-2, Kursk TPP-4, Livensk TPP (Oryol branch) and Northwest boiler-house of Kursk with introduction of gas-turbine units; reconstruction of coolers at Tambov, Dyagilev, Oryol TPPs, continuation of construction of the main thermal networks in Novomoskovsk (Tula branch), Kaluga, Yelts (Lipetsk branch).

Sources of financing are depreciation charges, profit of fiscal year, proceeds of a credit.