Mosenergo ADR Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Mosenergo ADR

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Copperfield who started this subject	9/6/2003 4:44:27 PM
From: Copperfield	of 241

Full Price for Power MOSCOW (MT) -- Citizens should start fully paying for electricity in two years a Federal Energy Commission board member said Thursday. "This needs to be implemented in under two years because it is impossible to establish a competitive electricity market without putting an end to the practice of cross-subsidizing," Pavel Gorkin was quoted by Interfax as saying. He added that expenses on transmission of electricity to households are significantly higher than to industrial consumers. For example, he said, Muscovites should pay 1.8 rubles per kilowatt hour -- almost twice the 1 ruble they currently pay. "Why do we put everyone on the welfare list? There are those who can pay more," he said.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next