Oleg Mitvol said the specified sum was related to 10 days in November in which the pulp mill had operated without a license for the use of water from Lake Baikal.
The environmental watchdog Rosprirodnadzor accuses the Baikal Pulp and Paper Plant of polluting Lake Baikal.
Russia's natural resources minister, Yury Trutnev, demanded on Thursday that the Baikal pulp mill stop dumping unpurified waste into Lake Baikal immediately.
The Baikal Pulp and Paper Mill, which produces 200,000 metric tons of pulp and 12,000 metric tons of paper per year, is located in east Siberia. The mill is owned by the timber industrial company Continental Management (51%) and the State Property Committee of Russia (49%).
Trutnev ordered on Thursday that Rosprirodnadzor set up a joint commission with the mill to work out a plan on purification facilities, as well as heat supply to nearby residential areas from the mill.
The commission is due to report to the ministry in a week's time.