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Russia Grid Co gets 15bln rbl credit line with Alfa

Tue Dec 30, 2008 6:50am EST

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MOSCOW, Dec 30 (Reuters) - Russia's privately owned Alfa Bank has opened a 15 billion rouble ($513.2 million) one year credit line to Russia's Federal Grid Company (FEES.MM), the state power grid operator's website said on Tuesday.

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The funds will go into working capital and finance the grid operator's investment programme. (Reporting by Anna Smirnova; writing by Melissa Akin)



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