Russia grid co FSK eyes $17.3 bln investment to 2012

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MOSCOW, Sept 24 | Thu Sep 24, 2009 4:50am EDT

MOSCOW, Sept 24 (Reuters) - Russian grid company FSK (FEES.MM) plans to invest 519 billion roubles ($17.3 billion) between 2010 and 2012, the company's first deputy head said on Thursday. Sergei Ivanov told reporters FSK planned to invest 171 billion roubles in 2010, 186.3 billion roubles in 2011 and another 162.1 billion roubles in 2012. (Reporting by Anastasia Lyrchikova, writing by Robin Paxton)

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