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Liberalisation of Electricity Markets and Privatisation Drive Growth of Power Plant Services Market in Central and Eastern Europe.

Publication: PR Newswire
Publication Date: 10-NOV-04 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
LONDON, November 10 /PRNewswire/ -- Increasing liberalisation of electricity markets and privatisation of public sector utilities are creating exciting growth opportunities in the power plant services market of central and eastern Europe (CEE). To realise the full potential of this emergent market, participants will need to develop flexible strategies that address regional particularities even as they must attempt to overcome a long tradition of in-house maintenance, notes new analysis by Frost & Sullivan.

"The electricity markets are still in an embryonic stage, and hence flexibility in contract terms and conditions is of paramount importance," says Frost & Sullivan (http://energy.frost.com/) Research Analyst Anurag Khetan. "Contracts attuned to the region's regulatory, economic and political particularities along with the patience to deal with a multitude of stakeholders, is the main factor that will determine success or failure in the market."

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