OREANDA-NEWS. On 24 April 2008 was announced, that on 22 April, 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 OGK-3, JSC OGK-5 (Enel), OJSC SUEK and JSC SGC-TGC-8.

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.

Dominique Fache was elected Vice Chairman of the Supervisory Board.