RAO UES investments advance

The total amount of RAO UES investment programs in 2002 increased by 43.1 percent to 62.06bn rubles ($1.95bn), compared to 2001, the mass media department of the energy holding told RBC citing materials prepared for today's meeting of the Board of Directors.

At the same time the financing of the investment program of the main company increased by 80.3 percent to 19.96bn rubles ($627.3m). Some 450m rubles ($14.14m) have been allocated for restoring electrical energy facilities in the Chechen Republic.

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