00:23 GMT +316 July 2018
Listen Live
    Business

    Investment in Russian grids to total $120 bln over 10 years

    Business
    Get short URL
    0 01

    Investment in Russia's electricity grids may amount to up to $100-120 billion in the next decade, Energy Minister Sergei Shmatko said on Monday.

    Investment in Russia's electricity grids may amount to up to $100-120 billion in the next decade, Energy Minister Sergei Shmatko said on Monday.

    "We have to start working on a complete revamp and modernization of our unified energy system, first of all, our power supply network," Shmatko told an energy forum. "We estimate investments in the electric power distribution networks alone to be at some $100-120 billion."

     

    Community standardsDiscussion
    Comment via FacebookComment via Sputnik
    • Сomment