T Plus, VEB.RF mull 100 bln rbl program for heat networks - Power Industry - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

T Plus, VEB.RF mull 100 bln rbl program for heat networks

MOSCOW, Sep 2 (PRIME) -- Russian power utility T Plus and Gorod, a subsidiary of state development bank VEB.RF, will support a 100 billion ruble improvement of heating distribution networks in 29 cities, T Plus said in a statement on Monday.

T Plus and JSC Gorod agreed on the main conditions of cooperation in the plan for integrated development of heat distribution networks in 29 cities. Kirov will become a pilot city for the program with an expected amount of raised investment standing at 3 billion rubles.

УAccording to the document, combined investment in heat distribution networks may reach 100 billion rubles,Ф the company said, adding that T Plus and Gorod are now to analyze condition of the networks in the cities, to define major directions for investment, and to choose modern technical and engineering solutions.

УWe are working on different options of attracting investment in the heat distribution infrastructure of our cities. The agreement that we signed is one of the new and efficient instruments. It should result in an increase of pipe re-laying, in improvement of reliability of heat distribution, and in improvement of the standard of living of citizens,Ф T Plus CEO Andrei Vagner said as quoted by the company.

(66.4897 rubles Ц U.S. $1)

End

02.09.2019 13:54
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 71.2391 +0.6351 19 sep
USD 64.4290 +0.3077 19 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1382.16 +0.05 18:50 18 sep
micex 2818.60 -0.08 18:50 18 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 233.46 -0.05 18:48 18 sep
lkoh 5467.00 -0.10 18:49 18 sep
rosn 426.00 -0.49 18:49 18 sep
sber 235.30 -0.25 18:49 18 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 70.6875 +0.0150 14:59 18 sep
USDTD 64.3575 +0.3575 17:44 18 sep