RAO UES Suspends Export and Attracts Investments
OREANDA-NEWS. The Head of the RAO "UES of Russia" on Thursday has declared that additional investments will be attracted in power branch of Russia which is now being reformed and new capacities will be introduced. It will allow renewing "scale" export of the electric power after 2010.
During the next 3-5 years the export should be suspended and escalating of capacities is necessary. At the same time, according to Chubays, the competitive price should be established in the market.
In 2005, RAO UES exported 22 billion watt-hours of electric power, Reuters informed.
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