Putin has named the conditions of modernization of power engineering in Russia

© RIA Novosti / Michael Clientgenerated in Photobacterium of the Russian Federation Vladimir Putin holds a meeting on electric power development in the office of the company JSC Russian grids. 14 Nov 2017Putin has named the conditions of modernization of power engineering in Russia© RIA Novosti / Michael Clientgenerated the image Bank

Modernization of thermal power in Russia should fit into the current procedure for setting electricity tariffs, the cost should not fall on consumers, said Russian President Vladimir Putin.

«Must fit into the current procedure for setting electricity tariffs,» — said Putin at a meeting on the development of the power sector.

«And that is important, investment in the upgrade should lead to lower operational costs and therefore capital costs should not fall on the shoulders of consumers,» — said Putin.

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