Resumption of power supply to Belarus: Medvedev
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Last Updated: Saturday, July 02, 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.

PTI


First Published: Saturday, July 02, 2011, 18:55


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