State-run Rosneftegaz, where former first deputy prime minister Igor Sechin was named as chairman this month, may get control over Federal Grid Co. and OAO MRSK Holding (MRSK), Kommersant reported, citing people familiar with the situation.
The state proposed the same directors to the boards of Federal Grid, Russia’s monopoly for high-voltage power transmission lines and MRSK Holding, Russia’s largest electricity distribution company, newspaper said.
Following this both companies may merge with a newly created unit in which Rosneftegaz will have 75 percent, Kommersant said.
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