3 Dec 2009 12:29

Russian grid holding to issue 8.3 bln rubles in new shares in 2010

MOSCOW. Dec 3 (Interfax) - The Inter-District Grid Company Holding (IDGC Holding) will issue 8.3 billion rubles worth of new shares in 2010, the company's press office said.

The company's chief, Nikolai Shvets, said the company had already received 4.3 billion rubles towards the share issue from the federal budget to build power network infrastructure for the 2014 Winter Olympics in Sochi.