Private Foreign Companies Intend To Enter Electricity Market Of Russia

Several private foreign companies are considering entering Russian electricity market, Energy Minister of Russia Sergei Shmatko reported.
"The list of usual private investors may be changed. You know, there is a process of consolidation. I know several foreign companies that are considering possibilities to enter Russian market" - he said, adding that "this is a good indicator." Minister did not name these companies.
This week the head of holding "Interros" (a major shareholder of Norilsk Nickel), Vladimir Potanin, said that Nornikel is advisable to sell its stake in the wholesale generating company OGK-3. He estimates the volume of such transactions of $2,5-3 billion.  

Another major shareholder of Norilsk Nickel the aluminum giant Rusal has approved the possibility of such  transaction as  OGK-3 is a non-core asset of Norilsk Nickel.
According to the internet site of the generating company, Nornikel directly owns 65.16% of OGK-3.
OGK-3 comprises six power plant with total capacity of 8.4 gigawatts, their share in national generation exceeds 5%. They are located mainly in regions where the enterprises of Norilsk Nickel are located.
By Materials of RIA Novosti