"Russia Power Report Q4 2013" Now Available at Fast Market Research
We maintain the view that Russia is unlikely to register significant growth in its power market over our forecast period. Instead, we continue to anticipate only moderate growth as macroeconomic headwinds and a shrinking population sap power demand, while structural risks such as the opaque business environment and weak institutional capacity continue to deter significant foreign investment in the sector. As such, with much of the country's aging capacity having been built in the 1960s and 1970s, we expect most...
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