Russia's OGK-3 told to sell Norilsk stake -paper

MOSCOW, April 29 (Reuters) - State auditors have told Russian electrical power producer OGK-3 OKGC.MM to sell its stakes in metals miner Norilsk Nickel (GMKN.MM) and other firms, Kommersant newspaper said on Wednesday.

It quoted an official of Russia's Audit Chamber who said OGG-3's purchases of stakes in Norilsk Nickel, gas company Rusia Petroleum and U.S. hydrogen power firm Plug Power constituted an improper use of funds designated for boosting power output.

"The Audit Chamber's recommendation is that the company must recover the improperly spent money," Kommersant wrote.

It said the auditors want OGK-3 to recover 29 billion roubles ($869 million). Norilsk Nickel owns 60 percent of OGK-3 which in turn owns 0.41 percent of the metals company, Kommersant said. (Writing by Olzhas Auyezov; Editing by Greg Mahlich)