12:15Customers to pay for gencos’ connection to distribution grids
The Russian Ministry of Energy is now likely to permit gencos to include the cost of connecting new generation capacities to distribution grids into their asking price at capacity sales. This change should have a positive impact on genco cash flows.
10:53Rusal nominates two state representatives to Norilsk Nickel BoD
Rusal has nominated two state representatives to the Norilsk Nickel BoD. Its list of candidates for seats on the board includes Alexander Voloshin and Sergei Chemezov. We believe that a greater state presence on the company’s board will give it additional clout to lobby for its strategic interests.
0.244
0.616
