The Baltics Today

Lithuania’s KTE, China’s Datang Power founding joint firm

Lithuania's Kauno Termofikacijos Elektrine (Kaunas Combined Heat and Power Plant, or KTE), a technically outdated utility that is indirectly owned by businessman Rimandas Stonys, and one of China's largest energy producers Datang International Power Generation have agreed on establishment of a joint enterprise that would be a new combined-cycle power plant in Kaunas, informs LETA/BNS.... Read more...

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