MOSCOW, May 31 (RIA Novosti) - Mosenergo (RTS: MSNG) said Wednesday it will pay 453.9 million rubles (about $16.8 mln) in dividends for 2005.
The main producer of electric and thermal power for Moscow and Moscow Region said it would pay dividends under a decision taken at its general shareholders' meeting on May 26.
The company's net profit for 2005 was 1.86 billion rubles (about $65 million).
Mosenergo supplies 80% of Moscow's heating requirements, and meets 85% of power demand in the capital and Moscow Region.
The company has 17 power plants in the region with electric power capacity of 10,600 MWt and heat capacity of 34,200 Gkal/hour. The majority of Mosenergo's plants are gas-fuelled.
The company's main shareholders are electricity monopoly Unified Energy System (50.87%), and energy giant Gazprom (about 25%).
