07 June 2004 07:35 Govt to merge 4 hydropower gencos MOSCOW. June 7 (Interfax) - The government plans to merge four generating companies (gencos) created on the basis of
hydropower plants into one company as part of electricity industry reforms, Deputy Economic Development and Trade
Minister Andrei Sharonov told Interfax.
The proposal was approved at a June 2 meeting chaired by Deputy Prime Minister Alexander Zhukov, he said.
The Industry Ministry was instructed to put together and seek Economic Development Ministry approval for a draft
merger plan. [RU ASIA EUROPE EEU EMRG CORA ELG ENR MRG] me
[Interfax] |