10
June
2013
MBC Corporation and Federal Grid Company signed cooperation agreement
MBC Corporation, Federal Grid Company of the
Unified Energy System of Russia (JSC ‘FGC UES’) and the Government
of the Republic of Buryatia singed the cooperation agreement
on the realization of the construction project of high-voltage
transmission line ‘Double-circuit high voltage live 220 kV
Ulan-Ude-Khorinsk-Eravna’, additional transformer ‘PS 220 kV
Khorinsk’ and ‘PS220 kV Eravna’ within the framework of the
approved investment program of JSC ‘FGC UES’ for the period
2013-2017.
The parties, with collaborative engagement, will coordinate
activities on the development of the electrical grid
infrastructure, construction of the electrical grid facilities,
elimination of security restrictions and shortage of power
capacity. The work will be aimed at increase in reliability of
power supply for Ozernoye mining and processing plant and other
power consumers in Eravna, Khorinsks and Bauntovsk regions of the
Republic of Buryatia.
The agreement and the work on the agreement implementation exhibit
a practical example of the effective cooperation between the
governmental authorities, Investment Company, which develops a
large-scale deposit development project and the governmental power
company. The cooperation will result in the sustainable development
of the industrial and power economic sectors of the Republic of
Buryatia and also in reliable and quality power supply for the
population.
Federal Grid Company of the Unified Energy
System of Russia is the operator and manager of Russia’s unified
electricity transmission grid system, including high voltage
transmission lines, and holds the status of a natural monopoly.
Federal Grid’s business is to provide electricity transmission and
technological connection services. The Company was incorporated in
June 2002 as part of the reorganization of Russia’s electrical
power industry. http://www.fsk-ees.ru/eng/company/about_company/