Over 160 Yakutia utility companies to receive subsidies totalling 52 billion rubles

Over 160 Yakutia utility companies to receive subsidies totalling 52 billion rubles
Photo: YSIA

Yakutia's State Assembly, Il Tumen, has adopted in first reading a budget that provides 52 billion rubles for subsidies to utility sector organisations. The figure was set out during the assembly's 20th regular plenary session, and the republic's housing, utilities and energy minister, Vyacheslav Emelyanov, said the money will support the stable operation of resource-supplying organisations.

Emelyanov said that subsidies exceeded 45 billion rubles in 2026 and will be increased to 52 billion next year. He called the provision of intertariff difference subsidies one of the main tasks of the sector.

More than 160 enterprises are recipients of the subsidy. The government is also seeking additional funds in other state programmes to raise subsidy volumes, and has attracted over 2 billion for measures to switch to natural gas. Emelyanov cited rising fuel and energy prices and the heavy credit burden on enterprises that borrow because subsidies are lacking as factors behind the increase.

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This story was automatically summarised and translated from YSIA. All rights to the story belong to its source.

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