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MinEconomy seeks to adjust tariffs for new hydro assets with direct state funding


Vedomosti, citing Deputy Head of the Ministry for the Economy Andrey Klepach, reports that the government might continue its policy of capping the growth in electricity prices, including a number of measures already implemented in 2010-11. As one of the potential measures, the state body suggests adjusting capacity prices for new hydro assets (mostly operated by RusHydro) with the amount of the direct state’s funding (investment component).

This is not the first time that such a suggestion has appeared on the wires.

Mikhail Rasstrigin, Alexander Seleznev
VTB Capital analyst

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