OREANDA-NEWS. Delegation of Russian Grids JSC headed by Director General Oleg Budargin held a working meeting with President of EBRD Sir Suma Chakrabarti as a part of St. Petersburg International Economic Forum.

Russian Grids JSC Group of companies was represented by First Deputy Chairman of the Board of FGC UES JSC Andrey Kazachenkov and Chief Financial Officer of Russian Grids JSC Egor Prokhorov. EBRD was also represented by First Vice-President of the Bank Phil Bennett, Managing Director in Russia Natalia Khanzhenkova and Director of the President's Office at EBRD Christoph Denk.

Meeting attendees discussed co-operation as a part of earlier concluded agreements for financial support of projects under the investment program of FGC UES JSC and future co-operation as part of long-term provision of financing to interregional distribution grid companies.

Besides, one of the key topics of the working meeting was a possibility of project financing in the power grid complex, including through mechanisms of private-public partnership, specifically, concession agreements.

The counterparts highly appreciated successes of joint work over the recent years and expressed their willingness to continue and extend co-operation as part of implementation of ambitious tasks related to upgrading of the Russian power grid complex.