Power lines for power supply to large infrastructure facilities can be built by a private investor

On the sidelines of the VIII Eastern Economic Forum, a cooperation agreement was signed between JSC Far East and Arctic Development Corporation and Limited Liability Company “Financial and Construction Alliance” Corporation. The document provides for the implementation of investment projects for the development of energy infrastructure in underdeveloped, remote and isolated areas of the Far East and the Arctic. According to Alexander Chesnov, General Director of FSA Corporation LLC, the company, at its own expense, intends to provide external power supply to the largest mining enterprises and large infrastructure facilities, including industrial parks in the Far East and the Arctic. “We see significant needs in ensuring guaranteed energy supply to new investment projects for the extraction of minerals in remote areas of macro-regions. It is impossible to do this only at the expense of tariff sources and budgetary funds; the financial participation of professional private business is necessary. We are interested in cooperation with FSA Corporation LLC and are ready to provide them with administrative and tax support.” - noted Kirill Kamenev, Deputy General Director of the FEDC.

On the sidelines of the VIII Eastern Economic Forum, a cooperation agreement was signed between JSC Far East and Arctic Development Corporation and Limited Liability Company “Financial and Construction Alliance” Corporation. The document provides for the implementation of investment projects for the development of energy infrastructure in underdeveloped, remote and isolated areas of the Far East and the Arctic. According to Alexander Chesnov, General Director of FSA Corporation LLC, the company, at its own expense, intends to provide external power supply to the largest mining enterprises and large infrastructure facilities, including industrial parks in the Far East and the Arctic. “We see significant needs in ensuring guaranteed energy supply to new investment projects for the extraction of minerals in remote areas of macro-regions. It is impossible to do this only at the expense of tariff sources and budgetary funds; the financial participation of professional private business is necessary. We are interested in cooperation with FSA Corporation LLC and are ready to provide them with administrative and tax support.” - noted Kirill Kamenev, Deputy General Director of the FEDC.

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