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Industry News
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10.07.2007
Russia’s Power Exports Decline 15.2% to 6.427 Billion kW/h in January-May
Russia’s power exports declined in January-May, 2007 from 7.578 billion kW/h to 6.427 billion kW/h, or 15.2% as compared with the similar period of 2006, reports the Federal Customs Service.
09.07.2007
Anatoly Chubais: Participation of Japanese, Kazakh, Czech Companies in Russia’s Power Industry Possible
"I will not be surprised if companies from Japan, Kazakhstan and Czech Republic participate in Russia’s power industry", Chairman of the Management Board of RAO UES of Russia Anatoly Chubais said today on Vesti TV Channel.
06.07.2007
RAO UES Head Guarantees Reliable Power Supply to Olympics 2014
Reliable power supply to the City of Winter Olympics 2014 is guaranteed through the use of state-of-the-art facilities developed by both Russian and foreign companies, Anatoly Chubais, head of RAO UES, was reported as quoting in a statement published on Thursday.
05.07.2007
WGC-2 to Start Placing Its Debut Bonds Worth RUR5Bn
MOSCOW, 5 July - RIA Novosti. OJSC Second Generating Company of the Wholesale Power Market (WGC-2) will start placing its first series bonds worth 5 billion roubles on CJSC Moscow Interbank Currency Exchange, according to a press release of the stock exchange.
05.07.2007
Shares of Volga TGC (TGC-7) to Appear on Exchanges in August
MOSCOW, 5 July (Reuters) - Shares of Volga Territorial Generating Company (TGC-7) will appear on Russian exchanges as non-listed stock in August, according to a press release of the company.
04.07.2007
Putin Announces Russia's Interest in Cooperation with Guatemala in Power Industry
Russia is considering the possibility for its energy and electric power companies to run business in Guatemala, said Russian President Vladimir Putin.
02.07.2007
OJSC WGC-6's Annual Meeting of Shareholders Elects New Board of Directors
The annual meeting of shareholders of OJSC Wholesale Generating Company No 6 (WGC-6) on 29 June, 2007, passed a decision to re-elect the Board of Directors of the company numbering 11 persons.
02.07.2007
TGC-5 to Hold Additional Issue of 1m Shares to Effect Merger of TGC-5 Holding Company Spun Off by RAO UES
The Board of Directors of OJSC Territorial Generating Company No 5 (TGC-5) has approved decisions on the additional issue of 1 million shares with a face value of 0.01 roubles to be floated by conversion into them of ordinary and preferred shares of OJSC TGC-5 Holding Company, the media relations department of the company reports.
29.06.2007
INTER RAO UES Annual Meeting of Shareholders Distributes 1.5-Fold Profit, Re-elects Board of Directors
The annual general meeting of shareholders of INTER RAO UES summarised last year's performance of this subsidiary of the Russian electric power monopoly, distributed its increased profits, and re-elected the Board of Directors earlier today.
27.06.2007
Last But One Summer of RAO UES
On Tuesday, for the last but one time, the RAO UES of Russia shareholders gathered in the Town of Zelenograd, already a hometown for them. The purpose of the meeting was to talk in an informal atmosphere, to communicate with the management of the company and to elect the new Board of Directors. The participants in the event were also to vote on the dividends and to implement other formal procedures associated with annual meetings of shareholders.
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