Nov. 20, 2000 (—Unified Energy System (UES) has said that an investment in new generating and distribution capacity will have to made in the coming three to four years in order to avert an electricity supply problem brought on by the rate of growth of power consumption and lack of capacity.

UES is planning a restructuring to gear up to face the situation. A proposal to split itself into a company managing the country’s national and regional electricity networks and controlling the country’s hydro-electric generating capacity, is up for government scrutiny.

It plans to sell or enter into joint venture’s in other generating capacity and has called on foreign power companies to invest in them. UES controls 80% of electricity production and distribution in Russia.

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