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SUEK given go-ahead to buy TGK-12 and TGK-13
RBC, 08.10.2008, Moscow 19:47:56.The Federal Anti-Monopoly Service has given the green light to Siberian Coal Energy Company (SUEK) to acquire 100 percent of voting shares in the regional power generation companies TGK-13 and Kuzbassenergo (TGK-12). However, the approval was given with certain reservations, the antitrust watchdog's press office reported. Specifically, SUEK will have to either sell power generation assets with an installed capacity of at least 367 megawatts, or abide by the service's requirements during the next five years. These requirements concern the pricing policies of TGK-13 and Kuzbassenergo, as well as their power generation output.
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