Russia’s First Deputy Prime Minister, Dmitry Medvedev, inaugurated the third unit at the power plant in Yakutia, said Alrosa.

Construction of the project was started by the Soviet Union in 1979, and it was not until late 2004 that the first 90MW unit was commissioned with Alrosa being the primary investor.

The plant is to produce up to 1200GWh annually and supply electricity to the diamond mining and the oil and gas activities in the Yakutia region. As a result, the energy costs in mining operations should be reduced, Medvedev was reported by Inter-Tass to have said.