OREANDA-NEWS. On 17 February 2007, RAO UES Management Board Chairman Anatoly Chubais and Krasnodar Region Governor Alexander Tkachev will sign in Sochi an Agreement on Cooperation in implementing top priority projects to build and modernize electric power facilities in the area until 2011.

The Agreement to be signed seeks to improve the reliability of electricity supply to customers, increase the network throughput capacity, create the conditions for new user connections to the power grids and increase the capacity available to the users already connected, and prevent power shortages amid surging electricity demand in the region.
 
The Agreement envisages a well-balanced development of the region's generation capacity, grid facilities, and dispatch infrastructure using advanced technologies.