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Industry News
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16.04.2007 RAO UES Minority Shareholders Split From State
The first Deputy Prime-Minister of the Russian Federation, Dmitry Medvedev, has approved the planned reorganisation of RAO UES of Russia, under which minority shareholders of the power company will have the opportunity to sell assets in the energy generation companies.
13.04.2007 Inter RAO UES Ready for Construction of Power Transmission Line in Pakistan
Inter RAO UES is ready to start construction of a power transmission line in Pakistan, the company’s General Director Evgeniy Dod told Pakistani businessmen meeting with Russia’s Premier Mikhail Fradkov.
13.04.2007 RAO UES Will Not Participate in Auction for YUKOS Power Assets
RAO UES of Russia will not take part in auction sale of electric power assets of YUKOS Oil Company, Marita Nagoga, head of the power holding company’s Media Relations Department told RBC. RAO UES’ subsidiaries with stakes in their authorized capitals offered for sale are not supposed to participate either.
12.04.2007 Russia to Agree with Japanese Companies to Cooperate in Nuclear Power by Year End
By the end of the year, Russia intends to agree with a number of major Japanese companies on cooperation in the area of nuclear power, Sergei Kirienko, director of the Federal Nuclear Energy Agency, now visiting Japan, said on Wednesday.
11.04.2007 Ministry of Industry and Energy Sends General Location Scheme for Energy Facilities until 2020 to Government
Russia’s Ministry of Industry and Energy has sent a General Location Scheme for Energy Facilities for the Period until 2020 to the Government. The document submitted by the Ministry is to be considered by a cabinet meeting on 19 April.
10.04.2007 First Floating NPP to Be Commissioned in Severodvinsk by 2010, Ivanov Reports to Putin
Russia intends to commission its first floating nuclear plant to be operating in Severodvinsk by 2010, First Vice-Premier Sergei Ivanov told Russia’s President. "Construction of a floating nuclear plant has started", he said. "By 2010 the first floating unit will be commissioned in Severodvinsk and it will start supplying electricity for the whole town", he added.
10.04.2007 Vneshekonombank and INTER RAO UES Sign Agreement on General Principles of Financing Power Engineering Investment Projects
Vneshekonombank and CJSC INTER RAO UES signed an Agreement on General Principles of Financing Investment Projects in Power Engineering.
09.04.2007 Iran's Foreign Minister: Delays in Commissioning Bushehr NPP Induce Iran to Independently Produce Nuclear Fuel
Delays in commissioning the Bushehr NPP are inducing Iran to independently produce nuclear fuel.
09.04.2007 Federation Council Member Suggests Establishing Federal Agency for Power Industry Management after RAO UES's Liquidation
A special federal agency should be established for power industry management after RAO UES of Russia breaks up in 2008. This opinion was voiced by Valentin Mezhevich, first deputy chairman of the Federation Council commission on natural monopolies at the round table discussion GOELRO-2: Russian Power Industry which was held as part of the forum Russian Fuel and Energy Industry in the 21st Century.
06.04.2007 Industry & Energy Ministry: Power Prices Will Double in Russia by 2020
Power prices will double in Russia by 2020. This is confirmed by the growth scheme for power prices in the country to 2020 which Vyacheslav Kravchenko, director of the department of structural and tariff policy in natural monopolies at the Industry and Energy Ministry, presented on 5 April.
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