Federal Grid Company and Cisco sign memorandum of understanding for development of Smart Grid in Russia

The objective of the memorandum is to establish a mutually beneficial long-term collaboration in the electricity sector. One of the aims is to increase the reliability and efficiency of the transmission power grid of Russia.
In accordance with the document, both companies intend to develop a scientific and technical cooperation, which will focus on designing, developing and commissioning innovative equipment, and will aim to use solutions and technologies from Cisco. In particular, the parties will work to establish a long-term cooperation with particular focus on systems management, and the effectiveness and safety of Smart Grid.
The non-binding Memorandum allows the cooperation to be carried out with the involvement of the scientific and research institutions, universities, companies, scientific and other organizations.