OREANDA-NEWS. August 18, 2010. JSC FGC UES and CJSC KES concluded the Agreement on cooperation and coordination of mutual efforts on the electric power industry development. The agreement was signed by Chairman of JSC FGC UES Management Board Oleg Budargin and General Director of CJSC KES Evgeny Olkhovik.

The energy companies agreed on developing cooperation on a range of issues including coordination of efforts on realizing investment programs. JSC FGC UES and CJSC KES intend to establish information exchange on new construction projects of the electric power industry and align activity on commencing new generation capacities and electric grid facilities to provide for their power output.

In the framework of the Agreement CJSC FGC UES and JSC FGC UES also plan joint activity on implementing advanced technologies in construction of new projects of the electric power industry in order to enhance their energy efficiency .