Ministry plans to increase the volume of subsidized interest rates on loans, at the coal enterprises

Deputy EnergyMinister Anatoly Yanovsky Russia took part in a larger meeting on the development of anti-crisis measures in the coal industry.

Meeting held the first deputy governor of Rostov region Sergei Nazarov. At the meeting, which was also attended by Director of Department of Coal and peat industry Konstantin Alexeyev, the executive and legislative authorities area, trade unions, as well as leaders of coal companies, discussed the situation in the industry and the steps that could help to overcome negative tendencies.

The Ministry of Energy was in favor of a number of measures for stabilization and improvement of the situation in the coal industry of the Russian Federation. In particular, it is planned to increase the volume of subsidized interest rates on loans, at the coal enterprises. At this time, the amount of subsidy required by mining companies, is 4 billion rubles, while the budget in 2009 to subsidize the interest rate of coal enterprises by 250 million rubles.

Urgent measures public support for coal mining enterprises should also include:

- Protection of the Russian coal-mining enterprises from competition from Ukrainian coal producers.

- tightening requirements for the conduct of auctions for the supply of coal for state and municipal needs.

At the meeting it was noted that currently no effective control over the conduct of work related to the liquidation of the coal industry: land reclamation, Extinction rock dumps, liquidation of failures of the Earth's surface. According to Anatoly Yanovsky, the Ministry of Russia developed the proposals for technical supervision of the conduct of these operations.

In addition, the Ministry of Energy of the Russian Federation jointly with the Federal Antimonopoly Service will apply to the Government with a proposal to impose safeguard measures against imported coal.

All of these measures are an integral part of anti-crisis program to stabilize the coal industry in Russia, developed by the Ministry of Russia. Practical implementation of the program to reverse the negative trends in the industry and stabilize its operations during the crisis period and to ensure its effective post-development.
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