Resumption of power supply to Belarus: Medvedev

Last Updated: Saturday, July 2, 2011 - 18:55

Moscow: President Dmitry Medvedev on Saturday
ordered the resumption of power to the neighbouring Belarus
after it cleared its electricity bills.

The President had given the instructions to restart power
supplies after Deputy Prime Minister Igor Sechin reported him
about the clearance of dues for April and May month by Belarus
power company, Medvedev`s spokesperson Natalia Timakova said.

Due to pending bills to the tune of 1.5 billion roubles
(around USD 50 million), Russia`s electricity exporter Inter
RAO ES cut the power supply by 50 per cent to Belarus on June
9 as a warning following which the supply completely stopped
from June 28.

In the wake of radical devaluation of the national
currency, Belarus has been struggling to pay for the
electricity due to non-availability of foreign exchange in
spite of a customs union with Russia it is required to pay in
roubles or other convertible currency.

Russia covers 12 per cent of energy requirements of
the former Soviet republic.


First Published: Saturday, July 2, 2011 - 18:55

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