20 Jan '11
Interregional utilities operator Volzhskiye Kommunalnye Sistemy (Volga Utilities Systems) has announced plans to invest $87m in modernization of utilities complex equipment in the city of Togliatti, Samara region.
The company has reportedly got 25-year tenant rights on property of the city’s water pipelines and heat mains operators.
The city’s utilities complex modernization program is scheduled to run for six years.
Volga Utilities Systems is a part of national utilities operator Rossiyskiye Kommunalnye Sistemy (RKS, Russian Utilities Systems).