Russian President Vladimir Putin has signed the Federal Law On the Introduction of Amendments to Individual Laws of the Russian Federation in Connection with the Taking of Measures for the Reform of the Unified Energy System of Russia, according to the Kremlin's media relations department. The Duma passed the law on October 18, 2007, and the Federation Council approved the law on October 26, 2007. The federal law is intended for specifying and making more precise individual provisions of federal laws on electric power, on the operation of the power industry in transition, and on the introduction of amendments to individual laws of the Russian Federation and the invalidation of individual laws in connection with the passing of the federal law on the power industry and on government control of prices for electric power and heat in the Russian Federation. The need to introduce the amendments to the above-stated federal laws is due to some specifics of the final stage of structural adjustments in the Russian power industry, says the report. |