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$800 Million Will Solve Crimea's Power Dependency on Ukraine

However construction won't be finished until late 2020

This article originally appeared in The Moscow Times

Russia's Energy Ministry has signed a contract worth up to 47.3 billion rubles ($830 million) for the construction of energy infrastructure to Crimea as Russia strives to end the peninsula's dependence on Ukrainian supplies, a tender published online showed.
An electricity cable will be laid along the bottom of the Kerch Strait to connect Crimea with Russia's southern Krasnodar region. The construction is to be completed by Dec. 25, 2020, according to the tender published late Thursday on the Russian government's official procurement website.
Although Russia annexed Crimea from Ukraine in March of last year, the peninsula is still 70 percent dependent on energy supplies from Ukraine, news agency RIA Novosti reported. According to the Vedomosti newspaper, at peak hours this figure can reach 90 percent.
Read more in The Moscow Times

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