RAO UES

The profit of FGC UES in 9 months under RAS up by 30.6%

The net profit of FGC UES in 9 months of 2018 according to RAS grew by 30.6% to 33.34 billion rubles, it follows from the company's statements.

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Upgrade in Russian style

Vladimir Putin has for the second time approved the transition of Russian energy to a new investment cycle to upgrade the old facilities, although all the parameters of the new mechani

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FGC UES profit up by 29.5% in H1

In H1 2018 The profit of FGC UES in accordance with IFRS increased by 29.5% year on year - to 39.87 billion rubles, the company reports.

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The Russian government will find out the reasons for non-fulfillment of instructions in the fuel and energy complex in the North Caucasus

The Russian Prime Minister Dmitry Medvedev instructed to analyze the non-fulfillment of instructions in the fuel and energy complex in the North Caucasus and take action.

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Far East to be cut off from RusHydro

The Ministry of Economy has found a new way of developing energy system in the region The Ministry of Economy wants to change the basic principle of the energy system of the Far East, proposing to

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Ministry of Industry and Trade proposed to modernize TPPs without foreign companies

The Russian Ministry of Industry and Trade prepared the most stringent road map for the development of a Russian range of powerful gas turbines in the 2020s.

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FGC UES to stretch a high-voltage line to Sukhoi Log.

PJSC FGC UES (part of the Rosseti group) has started the construction of the Sukhoi Log substation and outgoing high-voltage lines costing 12.9 billion roubles, the company stated in a press r

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Inter RAO group buys back its shares from FGC

Inter RAO Group and PJSC FGC UES signed a purchase and sale agreement for a 7.0% stake in PJSC Inter RAO owned by PJSC FGC UES. The transaction cost amounted to 24.5 billion rubles.

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The Board of Directors of Inter RAO may terminate the powers of the members of the Management Board on June 28

On June 28, 2018 the Board of Directors of Inter RAO will consider the issue of early termination of the powers of members of the company's board.

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FGC UES reports growth of profits by 2.4 times from a low base

The net profit of the shareholders of FGC UES jumped 2.4x mainly due to non-recurring items in 2017 (reflecting a loss from the restoration of control over Nurenergo in Q1 2017).

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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