Source Pravda.Ru

RAO UES Holds Talks On Investments In Energy Industry

RAO UES of Russia is currently holding talks with 7-8 large Russian companies on investments in the development of the energy industry, whose amount is between $100 million and $300 million, RAO UES head Anatoly Chubais said at the opening of the exhibition "The Russian Fuel and Energy Industries: The Growth Strategy" in the State Duma today. Chubais emphasized that these companies show great interest in cooperation with RAO UES. At the same time, Chubais pointed out that the energy company has no unsettled debts as of now. He added that all facilities of RAO UES are 'sustaining' the heating season normally: the coal reserves make up 126% of the planned level, and the fuel oil reserves are at 106%.