Coal

Areva to help modernize Moscow’s power grid

7 December 2006 — Areva’s Transmission and Distribution Division (T&D) has won a large-scale contract in Russia, worth several tens of millions of euros, to modernize Moscow’s electricity network. Areva said the contract is of strategic importance for AREVA T&D, as it strengthens its position on a booming market: the Russian government plans to invest €30 billion in its electricity sector over the next five years to secure electricity supply nation-wide.

Under the contract, awarded by SOYUZ Engineering, Procurement and Construction company, AREVA T&D will supply electrical equipment to replace ageing substations owned by FSK, Russia’s Federal Grid Company. AREVA T&D will provide 220 kV and
550 kV high-voltage gas-insulated switchgear bays in Zapadnaya and Chagino, near
Moscow.

The bays will strengthen the Capital’s transmission grid and enable FSK to meet the city’s increasing demand in electricity. AREVA T&D’s gas-insulated switchgear bays are scheduled for delivery end of 2007.