12 Sep 2018 15:20

Rosseti may develop digital network projects with China's State Grid Corporation

VLADIVOSTOK. Sept 12 (Interfax) -Russian electric grid holding Rosseti is in talks with State Grid Corporation of China on development of digital network projects in Russia, China and third countries, Rosseti Director General Pavel Livinsky told journalists.

"We are planning joint implementation by a joint venture [of projects] on the territory of Russia and have even offered the colleagues IDGC of Ural as a basis. We are selecting the electric grid districts where this will be worked out. And also on the colleague's [territory], on their part, in China," he said.

In future, it might involve applying the experience on markets in third countries, Livinsky said.

The sides plan to create a joint enterprise "as soon as the formalities are settled," he said without disclosing the ownership stakes.

Rosseti reported on Tuesday that it plans to bring in Chinese partners to the digital network project. That possibility was discussed during a meeting between Russian Energy Minister Alexander Novak and the head of State Grid Corporation of China.

"The Russian energy ministry, the leadership of Rosseti and SGC of China also discussed the issues of digitization of Russia's electric grid complex, including potential pilot zones. In order to create conditions for shifting from consultations to further practical implementation of the plans, Pavel Livinsky proposed examining the possibility of creating a digital technologies pilot platform on the territory of Rosseti subsidiary IDGC of Ural," the Russian company said in a statement.