11:59 GMT +325 May 2018
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    RAO UES of Russia to Supply China with Electric Energy"

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    KHABAROVSK, June 3 (RIA Novosti's Oleg Kulgin) - The Unified Energy Systems of Russia and the State Energy Company of China plan to sign, in June, a treaty on exporting energy to China, Alexander Kozlovsky, chief of the Dalny Vostok division of the Inter RAO UES of Russia private company, said at the news conference in Khabarovsk.

    According to him, it is planned to annually export up to 50 billion kWh. The cost of one kilowatt will amount to about $0.11.

    The main supplier of electric energy will be the energy system of eastern Russia.

    After the signing of the treaty, the scale of the modernization of the eastern energy system, the number of new electric power stations, trunk power transmission lines and substations will be established. As Mr. Kozlovsky said, the necessary investments stand at billions of dollars.

    According to preliminary calculations, the deliveries of Russian electric energy to China under this treaty will start not earlier than in 2010-2012 after the creation of the necessary infrastructure both in the Russian Far East and in the Northeast of China.

    The possibilities and the tasks of the unified energy system of the eastern part of the Russian Federation in the light of the development of cooperation with China were discussed in Khabarovsk on June 2-3 at the conference, "The Development Prospects of Power Engineering in the Far East."

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