On 2 April, Director General of JSC Russian Grids Oleg Budargin and China's Ambassador Extraordinary and Plenipotentiary to Russia Lee Huei had a working meeting, which took place in the Russian Grids head office, Moscow. The meeting was also attended by the senior officials of the JSC Russian Grids Group and the State Grid Corporation (SGC) of China. The parties discussed the current status and development prospects of the two countries' partnership in the electric power field.
In his welcome address to the meeting participants, Oleg Budargin noted that the many-year history of friendly relations between China and Russia is the foundation for cooperation in various sectors, including the power industry. He emphasised that JSC Russian Grids are interested in studying the experience of its foreign partners, including those from the Asia-Pacific Region, in the priority areas of the development of the Russian electric grid complex, in particular, in the creation of smart grids based on innovative scientific and technical developments.
In turn, Ambassador Extraordinary and Plenipotentiary of China to Russia Lee Huei thanked the head of JSC Russian Grids for contributing to the long-term partnership with the SGC of China. He underlined that this partnership is important and productive for the power industry of both countries and has a positive impact on the overall cooperation between China and Russia. Besides, Lee Huei congratulated Oleg Budargin on the upcoming first anniversary of the establishment of the JSC Russian Grids unified managing company. According to Lee Huei, the consolidation of transmission and distribution grids is the overall global practice and a prerequisite for ensuring a reliable power supply to consumers.
During the meeting, the parties also discussed the expansion of bilateral interaction in the sphere of the modernisation of energy infrastructure. Oleg Budargin emphasized that their present-day task is to implement large-scale modernisation and to create conditions for increasing the safety, reliability and effectiveness of the electric grid complex operation.
The head of JSC Russian Grids proposed to consider the Trans-Baikal Territory as a starting region for the development of scientific and technical integration with the Chinese partners. According to the head of JSC Russian Grids, the priority development of regional energy and transport infrastructure will be the foundation for developing the region's economy and attracting private investment.
During the talks, the parties also touched upon issues related to the supplies of electrotechnical products of Chinese power engineering companies, with the localisation of production in the Russian Federation.
As part of experience exchange, the Chinese delegation visited the Situation Analysis Centre of JSC Russian Grids.
The JSC Russian Grids Group is developing a partnership with the SGC of China within the framework of the Memorandum of Understanding and Cooperation in the Field of the Development of the Electric Grid Complexes of the Two Countries, signed in 2010 by the RF Ministry of Energy and the National Energy Administration of China, as well as the framework agreement on cooperation between JSC Russian Grids' subsidiary – Federal Grid Company of Unified Energy System (FGC UES) – and the SGC of China, signed in 2010 in Shanghai.
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