Crimean underwater power cable project attracts four bidders

Crimean underwater power cable: Four Russian companies have put their hats in the ring for the opportunity to lay an underwater power cable connecting the Crimean peninsula to the mainland. The contract is expected to be worth RUB 13.8bn and  will be awarded to one of Globalelectroservice, Stroytransgaz, Tekhnopromexport, and Hydroelectromontazh. No overseas contractors submitted bids. Gazeta