The State Property Fund expects to receive 6 billion USD from the sale of 11 power companies’ shares

The State Property Fund expects to receive 6 billion USD from the sale of state-owned shareholding of two generating and nine power supply companies in 2011, shares in of, - stated the chairman of the SPF Alexander Ryabchenko. According to him, the first competition will be held in late June - July.

Stakes of companies would be sold in three groups, in particular, the two groups will be formed from the shares of one generating company and three power supply companies and the third group includes the shares of the three power supply companies.