JSC Rosseti and Ulianov State University of Land Management signed a Cooperation Agreement on pressing issues concerning the operation, development, and management of land and property of power grid companies, scientific and technical cooperation, and training and retraining.

The document was signed by Oleg Budargin, General Director of JSC Rosseti, and Sergey Volkov, Rector of Ulianov State University of Land Management in Moscow, during the RUGRIDS-ELECTRO-2014 forum.

The parties agreed to consider the creation of a Federal Test Centre of electrical equipment in St. Petersburg as a pilot project of the Agreement.

In this case, Sergey Volkov noted that the main aim of further cooperation is to optimize the system of control over land-property belonging to Rosseti Group in order to reduce costs. He added that cooperation with the University is important to Rosseti, including the preparation of the young generation - students will have the opportunity to participate in the development of the real economy.

The creation of the Federal Testing Centre in Russia will improve the efficiency of the entire power grid complex, reduce the share of imports in equipment procurement and develop competition in the electrical equipment market, while also serving as a barrier hindering the dumping of poor quality electrical products on the Russian market.