Rossetti's 2025 investment program to amount to around 700 bln rubles - CEO

VLADIVOSTOK. Sept 9 (Interfax) - The investment program of PJSC Rosseti for 2025 for the distribution and trunk systems will amount to around 700 billion rubles, Rosseti CEO Andrei Ryumin told Interfax in an interview on the sidelines of the 2025 Eastern Economic Forum.

"I believe that the total investment program for the distribution and trunk systems in 2025 will amount to around 700 billion rubles," Ryumin said.

"Funding sources for this year are available. We are currently actively discussing the next year," he said.

Previously, at the 2025 St. Petersburg International Economic Forum, Ryumin said that Rosseti hopes for an increase in the investment program for 2025 compared to the level of 2024.

"If we talk about numbers, this year we had an investment program of 760 billion rubles planned, which is almost 100 billion rubles higher than last year. But unfortunately, we all understand the current realities and the high interest rate. We are currently revising our investment program. But I still hope that the 2025 investment program will exceed the 2024 investment program. And we will maintain the annual trend of increasing investment that we have had over the last five years," he said.