21.03.2008 // Interfax

President of Russia Vladimir Putin has signed a decree outlining steps for establishing “Rosatom” State Nuclear Energy Corporation

President of the Russian Federation Vladimir Putin has signed a decree outlining steps for establishing “Rosatom” State Nuclear Energy Corporation, reports the press service of the Kremlin.

By the same decree the President has abolished the Federal Agency for Nuclear Energy.

Below is the full text of the decree

Decree “On Steps to Establish “Rosatom” State Nuclear Energy Corporation”

In line with the Federal Law №317-Ф3 (Dec 1 2007) “On “Rosatom” State Nuclear Energy Corporation,” I, hereby, decree:

1. To abolish the Federal Agency for Nuclear Energy.

2. To affirm that the decrees of the President of the Russian Federation specifying the powers of the Federal Agency for Nuclear Energy in the sphere of activity prescribed by the law shall be applicable to “Rosatom” State Nuclear Energy Corporation inasmuch as they are not contrary to the legislation of the Russian Federation.

3. To approve:

a) the list of open joint stock companies owned by the state and subject to transfer to “Rosatom” State Nuclear Energy Corporation as capital contribution of the Russian Federation;

b) the list of federal state unitary enterprises owned by “Rosatom” State Nuclear Energy Corporation on behalf of the Russian Federation.

4. To instruct the Government of the Russian Federation.

a) to ensure the timely execution of all procedures for liquidating the Federal Agency for Nuclear Energy and providing its employees with benefits and compensations in line with the legislation of the Russian Federation;

b) to vest “Rosatom” State Nuclear Energy Corporation with the authority to act, on behalf of the Russian Federation, as the shareholder of the joint stock companies of the nuclear power industry formed as a result of the reorganization of the federal state unitary enterprises specified in the annex to the Decree of the President of the Russian Federation №556 (Apt 27 2007) “On the Reorganization of the Nuclear Power Industry of the Russian Federation” until all the state-owned shares of those companies are transferred into the authorized capital of Atomenergoprom OJSC as payment for the additional shared issued by that company in order to increase its authorized capital;

c) to provide “Rosatom” State Nuclear Energy Corporation, as a capital contribution, with all the shares of Inter RAO UES that are being given to the Russian Federation as a result of the reorganization of RAO UES;

d) to give “Rosatom” State Nuclear Energy Corporation the following shares, as a capital contribution of the Russian Federation to the authorized capital of Inter RAO UES:

— all the shares of Sangtudin Water Power Plant-1 owned and to be given to the Russian Federation under the Oct 16 2004 agreement between the governments of the Russian Federation and the Republic of Tajikistan on the terms of the participation of the Russian Federation in the construction of Sangtudin Water Power Plant-1.

— all the shares of Kaliningrad Thermal Power Plant-2 owned by the Russian Federation.

5. To make an amendment to the State Program for Privatization of State and Municipal Enterprises of the Russian Federation approved by the Decree of the President of the Russian Federation №2284 (Dec 29 1993) «On the State Program for Privatization of State and Municipal Enterprises of the Russian Federation»: to add to point 2.1.37, after the words «civil defense facilities,» the words «(except for the facilities and equipment owned by the federal state unitary enterprises owned by „Rosatom“ State Nuclear Energy Corporation on behalf of the Russian Federation).»

6. To make the following amendments to point 8 of the Decree of the President of the Russian Federation №556 (Apr 27 2007) «On the Reorganization of the Nuclear Power Industry of the Russian Federation»:

a) in sub-point B to replace the words «Dec 1 2007» with the words «by Dec 1 2008»;

b) in sub-point J to replace the words «in the 1st quarter of 2008» with the words «in the first quarter of 2009».

7. To make an amendment in the structure of the federal agencies approved by the Decree of the President of the Russian Federation №1274 (Sept 24 2007): to remove the words «Federal Agency for Nuclear Energy» from chapter III «Federal Agencies Managed by the Government of the Russian Federation.»

8. To instruct the Government of the Russian Federation:

a) to harmonize its documents with the present Decree by Mar 1 2009;

b) to submit proposals for harmonizing the decrees of the President of the Russian Federation with the present Decree.