Kolenergo to invest 139 million EUR in Murmansk energy grid
The energy company Kolenergo has announced plans to invest 5.9 billion rubles (app 139 mill EUR) in development of electricity grid facilities in the Murmansk Oblast in 2011-2015.
Most of the funds will be invested in reconstruction of substations, Kolenergo’s web site reads. The regional center of Murmansk is experiencing lack of capacity, and will therefore be subject to large-scale improvement works.
Kolenergo is part of the interregional distribution grid company MRSK North-West.
Read also: Power supply to border towns modernized
