Mek OOO (Magnitogorsk) (Russia)

Magnitogorsk Energy Company is subject of the wholesale electricity market and working in this market, in accordance with the Rules adopted by the Government of the Russian Federation of 24.10.2003, № 643. On the retail electricity market the company operates in accordance with the Rules adopted by the Government of the Russian Federation of 31.08.2006 № 530. For all users of the Magnitogorsk energy system, including population, LLC "IEC" is a supplier of electric energy. The status of a supplier company assigned by the State Committee, "A single tariff authority Chelyabinsk Region" in October 2006 Earlier, in 2005, the society was granted a license to carry out activities for the sale of electricity to citizens for a term of 5 years. The main objectives of the company are reliable and uninterrupted power supply to consumers in the retail electricity market, investment income from power sales activities in the development of the energy economy of the city and the prevention of possible energy crises within the boundaries of its zone of activity.