North West | Energy, utilities

Lenenergos $370m 2010 energy program eyed

18 Feb '10
Leningrad regional energy supplier Lenenergo is likely to approve in March its $370m 2010 investment program, CEO Dmitry Ryabov said.

Of the total, $200m is an estimated grid construction budget; an upgrade of the existing substations and lines will require around $90m; and as much as $80m may go into plugging the Nord Stream gas pipeline project to energy sources.

Lenenergo is one of the largest electrical grid companies in Russias North-West.
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