Far East | Energy, utilities

Inter RAOs $14.4m Chinese Mar.-Aug. sales aired, Sep. data expected

13 Oct '09
Between March and October national energy exporter Inter RAO UES sold 523 million kilowatt-hours of electricity to China, reported East Energy, Inter RAO UES exporting arm in Russias Far East.

Trade is reportedly being done under a February 2009, $18bn agreement between the Russian electricity exporter and Chinas State Grid Corporation (SGC) on energy sales from Amur Region.

According to East Energy, the company sold $14.4m worth of electricity from March through August. September financials have yet to be announced.

Inter RAO UES reportedly expects to boost annual sales to China to 60 billion kilowatt-hours by 2020.
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Locations: Amurskaya oblast; China

Tags: Inter RAO UES (18) / East Energy (18) / energy exports (0) /

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