PKP Energetyka to invest PLN 1.5 bln by 2020

PKP Energetyka will invest PLN 300 million this year in the upgrade of distribution networks and PLN 1.5 billion by 2020, Wojciech Orzech, the CEO of the company told the Polish Press Agency (PAP). The investment is to translate into improved supply reliability and improved SAIDI and SAIFI indicators. Orzech also said that the firm wants to expand abroad in Lithuania and Kazakhstan. "In Lithuania, where we already operate, we have won a small tender with our partner," the CEO said. "In Kazakhstan we will soon establish a subsidiary, which will represent our interests. We have identified contracts we want to win."