Vostokenergo To Invest USD 39 Mn On Power Plants Repair In 2005

Concorde Capital: Vostokenergo’s is owned by System Capital Management (SCM) and all its main coal suppliers are also affiliated with SCM. This makes coal supplies to Vostokenergo’s plants stable and cheap compared to other thermal generators. The modernization of Vostokenergo power plants and the capacity increase is likely to decrease the utilization of the other thermal generators.