Network of power substations around Yekaterinburg to cost 5.3bn RUR

Yekaterinburg municipal Duma is going to look at the investment program for the development of the electrical networks belonging to Yekaterinburg Electrical Networks Company in 2007-2009 on December 26, 2006. According to the statistical data, the electricity consumption has tripled within 2000-2005, and it still keeps growing. This is an alarming sign in terms of the city’s future development. In order to deal with the problem, Yekaterinburg Electrical Networks Company suggested constructing a network of additional substations around Yekaterinburg.

The total amount of investments needed comes to 5.3bn RUR; part of the money is likely to be collected through introducing a subscription fee for the new users. The local developers will have to pay 1,700 RUR for each square meter of the new dwelling; natural persons who put up private houses will have to pay five minimum wages, reports the spokesperson for Yekaterinburg municipal Duma.

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