OREANDA-NEWS. On 24 April 2008 was announced, that the meeting of Nonprofit Partnership Council of Power Producers and Power Industry Strategic Investors was held. The founders of the Partnership are major Russian and foreign companies operating in the power industry: LLC Eurosib Power Company, E.On Russia Pover GmbH, CJSC IES, JSC WGC-3, JSC WGC-5 (Enel), OJSC SUEK and JSC SGC-TGC-8.

The meeting passed a resolution on the founding of a nonprofit partnership according to the existing legislation.

The creation of NP Council of Power Producers has been a result of changes in the government regulation of the industry, the completed development of free competitive market and enhancement of government control over natural monopolies. The main objectives of the Partnership are to mitigate risks for investors in the Russian power industry and streamline the business of the Partnership's members.

The Supervisory Board will be the governing body of the Partnership, approving the operating principles and engagement standards within the Partnership. The members of the Supervisory Board are: Managing Director of LLC Eon Russia Power, Bernd Duberstein; General Director of JSC SGC-TGC-8, Vladimir Lebedev; Deputy General Director, Director for Energy Industry, Mergers and Acquisitions of OJSC SUEK, Sergey Mironesetsky; Managing Director for Energy Industry of LLC En+Service, Zhivko Savov; President of CJSC IES, Mikhail Slobodin, Executive Director of JSC WGC-3, Sergey Tazin; General Director for Russia and CIS of Enel S.p.A., Dominique Fache.

The Founding Meeting also approved the Articles of Association of the Partnership and elected Auditing committee members.

Supervisory Board members elected Mikhail Slobodin Chairman of the Supervisory Board, and Dominique Fache deputy Chairman.

The Founding Meeting set the work schedules and strategic tasks of the Partnership. The most relevant of them are: to actively participate in the modernization of energy-related legislation and electricity and heating tariffs, as well as create an analytical database to forecast energy consumption in Russia.