Fortum divests coal plant in nuclear town

The Finnish utility has sold the huge Argayash coal-fired power plant to a Russian state-owned power company, and now sets a date for ending its coal operations in the country.

Argayash CHP-kraftværket. | Photo: PR / Fortum

by VICTOR EMIL KRISTENSEN

A few years back, Financial Times published a portrait of Argayash in the Russia's Ural region, describing the place as a "cynical, mistrustful town."

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Fortum's methanol project granted EUR 30m in aid
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