Generating income from electricity

The reform of Russia’s electricity sector is going faster than that of other utilities. UES chief executive Anatoly Chubais talked to Ben Aris about the proposals and the timetable

       
Anatoly Chubais

The official restructuring plan was adopted by the government on July 11, but it was vaguer than the version that you have been presenting. For example, the number of gencos (generating companies) was originally set at five to seven and in the official version the number is not specified.

In the plan there is no exact number of companies, there is only the principle of how to create the gencos and this should be approved by the government, which is a fixed part of the governmental plan.

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