Rosgeology Suggests Building Geothermal Station on Kunashir

08.09.2017

At the Eastern Economic Forum in Vladivostok, the Rosgeology delegation presented a project of a geothermal station on the Kunashir Island with an installed capacity of 50 MW. Investors from Japan are already interested in the offer.

Rosgeology Suggests Building Geothermal Station on Kunashir

Initially, the project is aimed at Japanese energy consumers. The internal rate of return will be 24.5%. Investments are planned to recoup in 4 years, taking into account the preparatory stages of geological exploration and construction. Rosgeology intends to raise funds through private investment.