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Putin demands 12% drop in Rushydro electric power price in 2012

December 19, 2011, 12:22 UTC+3
Vladimir Putin has instructed Rushydro to reduce the selling price of electric power by 12 percent in 2012
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Photo ITAR-TASS

Photo ITAR-TASS

CHEREMUSHKI (Republic of Khakassia), December 19 (Itar-Tass) — Russian Prime Minister Vladimir Putin has instructed one of the country’s largest power generating companies Rushydro to reduce the selling price of electric power by 12 percent in 2012.

“The selling price for consumers should be reduced by 12 percent in 2012,” he told a meeting of the governmental commission for electric power development.

Putin added that this is the well-grounded change of the price.

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