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Russia’s Rosseti, Japan’s SoftBank Group agree to boost sci-tech cooperation

The parties also discussed the delivery of electrical power from Russia to Asian Pacific countries

TOKYO, December 15. /TASS/. Russia’s Rosseti and Japan’s SoftBank Group have agreed to expand cooperation as well as to set up a work group to develop the issues both sides are interested in, the Russian company reported following the meeting of Rosseti Group Head Oleg Budargin and Masayoshi Son, Chairman & CEO of SoftBank Group Corp., in Tokyo on Thursday.

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The talks focused on the issues related to "scientific and technical cooperation between Rosseti Group and Japanese companies, the globally recognized leaders in new technologies," the report said. Particularly, Budargin said that the company is "very much interested in joint R&D in the sphere of SmartGrid solutions including state-of-the-art metering methods and devices."

According to Budargin, "Rosseti has a wide and positive experience of partner relations with colleagues from Japan" and the team-work on prospective SmartGrid technologies is most likely to be "a runaway success as well as propel the project of the countries’ grids integration to the next level."

The parties also discussed the delivery of electrical power from Russia to Asian Pacific countries, including the project of building an energy bridge between Russia and Japan, the report said.

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