The government simplifies the process of approving investment programs of power industry entities
05.06.2023
The Government of Russia has improved the process of investment planning in the electric power industry.
Government Decree No. 923 dated June 2, 2023 "On Amendments to Certain Acts of the Government of the Russian Federation on issues of approving investment programs of power industry entities».
As a result, the terms for approving investment programs of power industry entities will be reduced, and the number of stages for approving investment program projects will be reduced. Their coordination is synchronized with the scheme and program for the development of Russian electric power systems.
analysis of the implementation of investment programs of subjects of the electric power industry. The authorities will consider and approve investment programs upon their placement in the information system, according to the principle of the state function. Such a set of measures will make it possible to increase the transparency and justification of investments in the Russian electric power industry”, – said Deputy Prime Minister Alexander Novak.