GenCos privatization could be moved to 2Q11 - Klyuev

The government could delay the privatization of stakes in state power generation companies (GenCos) to 2Q11, Vice Prime Minister Andriy Klyuev said yesterday at a press conference, adding that all technical details were almost finished. Earlier, government officials said they expected to begin privatizing stakes in 1Q11. Yegor Samusenko: Regardless of the exact timing, we think Dniproenergo (UX: DNEN UK) and Zakhidenergo (UX: ZAEN UK) will be privatized this year, as we see top officials in all the key government bodies relating to privatization united behind the initiative to sell off the stakes, which is unique in the last ten years.