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VEB.RF to Provide Financing for Street Lighting Modernisation in Birobidzhan

28 april 2025 года
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VEB.RF and Boos Lighting Group (BL Group) have signed a loan agreement to modernise the public lighting system in Birobidzhan. The total value of the large-scale street lighting modernisation project is 1.25 billion roubles.

The project involves replacing light poles and fittings and building new lighting systems for unilluminated streets. In addition to installing a total of 6,682 LED luminaires and 3,643 poles, Birobidzhan will be provided with a command centre for public lighting control. Implemented in the region’s administrative centre under a concession agreement, the project will raise the illumination level from 36 to 92 per cent in the case of streets and from 0 to 100 per cent in the case of yards, with the proportion of energy-saving lighting increased from 40 to 100 per cent.

Artem Dovlatov, Deputy Chairman, VEB.RF: “Support for initiatives such as projects to modernise public lighting systems is an important step towards a more comfortable and safer urban environment. Work on upgrading street lighting in Birobidzhan under the Far Eastern Concession programme is among high-priority projects as resolved by the Presidium of the Government Commission on the Socio-economic Development of the Far East. VEB.RF will provide 729 million roubles in financing for the Birobidzhan project, including a soft loan of 376 million roubles from VEB.RF through the Ministry for the Development of the Russian Far East and Arctic.”

Nikolay Paradnya, Director for Special Projects, BL Group: “We are pleased to be involved in such an important project as outdoor illumination modernisation in Birobidzhan. Good, modern street lights will make the city safer, improve the socio-economic situation, and help city dwellers to achieve a better quality of life on the whole. At BL Group, we have provided cities, communities and villages with illumination for more than 30 years, and we do everything to make the lives of people brighter and more cheerful. We use only domestic components to make luminaires, light poles and other lighting equipment; they are reliable and are of superior quality. Our light fittings give the city a modern look, improve its infrastructure, help local residents to be in a good mood, and make the city more attractive to visitors. I hope that our work will make people in Birobidzhan happy.”
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