The Board of Global Energy Interconnection Development and Cooperation Organization Council supported Oleg Budargin, General Director of PJSC “Rosseti”, to appoint him as GEIDCO Vice chairman at the meeting currently held in Beijing.
According to Articles of Association and GEIDCO Regulations, once the nominee is supported by the Council, he is officially appointed and the issue is submitted for voting to General Assembly.
Budargin is actively involved in developing a regional energy system in North East Asia and across CIS and the organization believes his weighty global authority on the international energy arena facilitated considerable contribution to GEIDCO development.
The Council members expressed confidence that vast experience and the current situation in the world economy would help Budargin to create a global energy space.
“I’m chuffed to represent Russia in at the high level of Global Energy Interconnection Development and Cooperation Organization. I strongly believe that integration is the key to our future. The power generating industry can and should become a driving force behind globalization. I will do my best to resolve issues GEIDCO is currently facing”, Budargin said.
Earlier at GEIDCO session the Head of Rosseti gave a speech on the transition to a brand new global energy evolution model that is based on innovative approaches to ultrasonic power transmission and global energy interconnection.