Ruslan Baysarov’s Tuva Energetic Industrial Corporation (TEPK, the developer of Elegestsk coal deposit) may get its first tranches from National Welfare Fund (NWF)
as early as September this year. The corporate release quotes Nikolay Podguzov (Ministry for economic development, deputy minister).
In June, the government was to prepare a document approving the "passport" for the investment project.