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Economy
23.12.2008

Russia, Moldova sign electricity deal

Russia and Moldova have signed their largest ever contract on electricity supplies to Moldova, the country's deputy economy and trade minister said on Tuesday.

"Moldavskaya GRES, owned by [Russia's] Inter RAO UES, will supply Moldova with 200-220 million kilowatt-hours every month," Tudor Copaci said.

The contract will run from January 1, 2009, until March 31, 2010.

Copaci said the electricity would cost 5.7-5.8 U.S. cents per kW/h.

Source: RIA Novosti

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