Business
May 17, 2008, 17:07
Demand outstrips supply of Russian turbines
Russia's power generator OGK-1 will spend about $US 150 million on two turbines from Siemens. In addition, Russian generators plan to pump a total of $US 32 billion into new capacity by 2010. Almost half the money may go abroad, as domestic equipment makers can't satisfy spiralling demand.
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