The NERC Wants To Sell Electricity At A Discount.

The National Electricity Regulation Commission (NERC) drafted a decree according to which 23 companies will be allowed to buy electricity at a 10% discount to the industrial tariff starting from June 1, 2006. The list of companies includes:

Ore enrichment companies:

Pivdeniy Iron Ore (PGZK: BUY)

Poltava Iron Ore (PGOK: BUY)

Centralny Iron Ore (CGOK)

Pivnichny Iron Ore (SGOK)

Ingulets Iron Ore (IGOK)

Metal producers:

Azovtal (AZST: HOLD)

Alchevsk Iron & Steel (ALMK: BUY)

Mittal Steel Kryvyi Rig (KSTL: BUY)

Maruipol Illicha (MMKI: HOLD)

Zaporizhstal (ZPST: HOLD)

Zaporizhzhya Aluminium Mill (ZALK: BUY)

DnirpoSpetsStal (DNSS: BUY)

DMK Dzerzhynskogo (DMKD)

Enakievo Iron & Steel (ENMZ)

Makiyivka Iron & Steel

Ferroalloy companies:

Stakhanov Ferroalloy (SFER: BUY)

Zaporizhzhya Ferroalloy (ZFER: BUY)

Nikopol Ferroalloy (NFER: U/R)

Pobuzky Ferronickel

Chemical companies:

Azot Cherkassy (AZOT: BUY)

Stirol (STIR: HOLD)

Karpatnaftokhim

Azot Severodonetsk

Concorde Capital: Although the decree has not yet been adopted, it has high chance of being approved by the government. The companies to benefit the most from its adoption are ZALK, SFER, ZFER and NFER.