Energy projects
Energy infrastructure upgrades
Project overview
Investment in energy infrastructure aims to replace outdated and obsolete HPP turbines and CHPP units and retrofit key elements of the gas transmission system. These initiatives will markedly extend the service life of our key infrastructure facilities, enhance the reliability of our energy and gas supply, increase the amount of renewable energy generated and enable the creation of an energy saving ecosystem. Investments in energy assets between 2021 and 2025 will exceed USD 4 billion, including USD 1.3 billion to be spent on a comprehensive program to reduce physical risks, which comprises projects to revamp key infrastructure facilities (fuel storage, electricity supply, gas supply) and on a program of industrial safety improvement. In 2020, investments in energy infrastructure totalled RUB 16 billion (USD 219 million).