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08.11 2012 16:56:10

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Energy Ministry weaves ‘Russian Grids’

by Liliya Brueva

FGC UES and MRSK Holding shares have come under pressure after the release of information about a new plan for consolidation of distribution grid companies. Russian president Vladimir Putin has just been presented with a draft decree on the establishment of OJSC ‘Russian Grids’, worked out by the Energy Ministry. Under the document, FGC UES and all MRSKs will be managed by a new company, which is to be established around the holding company.

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