OREANDA-NEWS. September 18, 2007. TGK-4 has signed an agreement with Gazprombank to extend a renewable line of credit for up to RUR5bn (approx. USD197m) for five years to carry out its operating and investment activities.

As reported by the Russian power generation company, the loan is provided at 9 percent of the actual amount of debt per year. TGK-4's investment program until 2010 will amount to RUR22.5bn (approx. USD888m) and will be financed from the company's own and raised funds.