OREANDA-NEWS. May 25, 2011. Moscow Arbitration Court confirmed legitimacy and reasonableness of the decision of the Federal Antimonopoly Service (FAS Russia) to dismiss the petition of “Tomusinskoye Energoupravlenie” OJSC (the Kemerovo region), a member of the MECHEL Group, to lease 37.5 % of its fixed production-related assets to “Usinskoye Energoupravlenie” CJSC (the Kemerovo region), reported the press-centre of FAS Russia.

FAS Russia arrived to this decision because, as of the date of petition consideration, the group of persons of “MECHEL” OJSC failed to comply with of Article 6 of the Federal Law “On Specifics of Performance of Electric Power Industry in the Transitional Period…”, which prohibits groups of persons and affiliated persons to combine transmission of electric power with buying-and-selling electric power.

“Tomusinskoye Energoupravlenie” OJSC provides services for transmitting electric power. “Mechel” energy segment also includes “Kuzbasskaya Energosbytovaya Kompania” OJSC.

Therefore, at the time when FAS Russia was considering the petition, the group of persons of “MECHEL” OJSC combined activities for transmitting electric power with buying-and-selling electric power.

“It is important to outline that the refusal to grant the petition stimulated economic entities to comply with the above requirements by splitting-off “Tomusinskoye Energoupravlenie” OJSC from “MECHEL” group of persons”, explained the Head of the FAS Russia’s Department for Control over Electric Power Industry, Mr. Vitaly Korolyov.