‘Reftinskaya power station’s malfunctioning power generating unit will only resume operating in March 2008,’ OGK-5 Investment Projects and Repairs Director Nikolai Gavlitin announced at a press conference on October 4, 2007.

'This has to do with the delivery of the needed equipment and with the delivery of a special transformer from Ukraine in particular. This piece of equipment is expected to arrive in late December, so we’ll probably manage to restore and reinstall the equipment by March 2008,’ he added.

'The company intends to spend around 1 billion RUR to have Reftinskaya power station upgraded and its power generating unit restored,’ Mr. Gavlitin noted.

'The thing one should be questioning is not the terms of delivery but rather the issue of why the need for investments had been neglected for so long. One also wonders why the equipment was so badly worn out despite the fact that the enterprise had the money to fix this,’ says one of top executives of ENEL, France.