Rus News Journal

In Kuzbassenergo in 2008 wait for record losses

Open Society Kuzbassenergo (TGK - 12) expects reception more than 1 mlrd rbl. of losses following the results of 2008. Yesterday on a press - conferences it were declared by the general director of the company Sergey Mihajlov. As he said, from - for rupture between a rise in prices for coal which was provided by Federal Agency of tariffs (FST), and real growth of power tariffs dropping out incomes of the company last year have made 362 million rbl. of Compensation under these dropping out incomes during the current year was not. Moreover, FST has established that coal this year will rise in price all for 2,4 %, and actually on already concluded in the beginning of year to contracts Kuzbassenergo on delivery it became more expensive on 12,2 %. For all history Kuzbassenergo such was not, we go on record losses - Sergey Mihajlov summarised. By its estimation, it can lower a credit rating Kuzbassenergo That will cause negative reaction of investment community and will prevent realisation of the investment program in 2010 - 2011. The chairman of the regional power commission of the Kemerovo region Valery Smolego has confirmed that the commission studies a problem with dropping out incomes Kuzbassenergo and also other power companies of Kuzbas which are burning coal. The commission will prepare, in particular, the recommendations FST about an establishment of tariffs for the next year for municipal boiler-houses. A position Kuzbassenergo coincides with position SUEK - the basic shareholder TGK - 12. Yesterday a press - service SUEK officially did not make comments on prospect of tariff regulation the next year for the power companies with coal generation. Earlier the head of design centre TGK SUEK Igor Sorokin (since September he heads board of directors Kuzbassenergo ) Named unreal defljator the coal prices for this year.
Igor Lavrenkov, Kemerovo