24 Jan 2020 16:10

Overall Rosseti investment program for 2020 to total around 290 bln rubles - Livinsky

Moscow. Jan 24 (Interfax) - The overall Rosseti investment program for 2020 will total around 290 billion rubles, company head Pavel Livinsky said in a meeting with President Vladimir Putin, according to a transcript on the Kremlin website.

"Our total investment program for 2020 is around 290 billion rubles, and it takes into account all the necessary demands for development in our regions of presence," he said.

The principal large-scale facilities provided for in the program are the 330 KW substation in Murmansk to connect new municipal, five high-voltage substations and full completion of the overhaul and expansion of the electricity transmission system in the Kaliningrad Region, the executive said.

"We can operate in a fully isolated mode, we are fully providing for our electricity needs in the event of any emergency or routine situations in the Kaliningrad Region," Livinsky said.

"These are projects in every region of presence, the most difficult measures, where the development of industry is being held back. We are taking this into account in our development plans and are on schedule to carry everything out in 2020, including the second stage of boosting the reliability of the Moscow Region," Livinsky said.