PRESS: RUSAL gets discount from Unipro to settle Berezovskaya dispute - Metals & Mining - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

PRESS: RUSAL gets discount from Unipro to settle Berezovskaya dispute

MOSCOW, Oct 1 (PRIME) -- Russian aluminum giant UC RUSAL and power producer Unipro have agreed on direct power supplies with a discount to the market in order to settle their judicial dispute over the Berezovskaya GRES plant, Kommersant business daily reported Tuesday citing sources.

Through the discount Unipro will compensate the entire sum of the suit of 386 million rubles, while RUSAL will agree not to cancel the investment agreement, the daily said.

The long-running conflict between Unipro and RUSAL is connected with an accident at a new 800-megawatt unit of UniproТs Berezovskaya GRES plant in February 2016. A major fire occurred at the unit several months after its launch. After it was taken out for repair and before unscheduled certification, the unit received a reduced payment for capacity Цaround 7%, as a result, consumers overpaid 950 million rubles for nine months of downtime. After their claims in June 2017, the Federal Antimonopoly Service initiated a case, which ended with an amicable agreement.

But RUSAL was not happy with the situation and tried to contest the overpayment in court. In July, Deputy Prime Minister Dmitry Kozak ordered to settle the dispute out of court. Unipro said on Monday that RUSAL and its units dropped all claims against the company.

(64.6407 rubles Ц U.S. $1)


01.10.2019 09:48
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 71.1696 +0.0397 22 oct
USD 63.7606 -0.1936 22 oct
Stock Market Indices
1D 1W 1M 1Y
rtsi 1374.27 +0.67 12:15 22 oct
micex 2777.19 +0.58 12:15 22 oct
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 231.07 +1.11 12:00 22 oct
lkoh 5780.00 +0.21 12:00 22 oct
rosn 413.55 -0.05 12:00 22 oct
sber 236.06 +0.48 12:00 22 oct
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 71.0850 -0.1700 14:59 22 oct
USDTD 63.7275 -0.3350 17:44 22 oct