Putin mandates electricity prices 20% below China's, industry revenue shortfall forecast at 41.6T rubles

Russian President Putin has ordered electricity prices to be maintained 20% lower than China's, a directive that implies significant state intervention in energy pricing. Authorities forecast a revenue shortfall of 41.6 trillion rubles for the industry, indicating potential fiscal strain. This move signals a strategic effort to support domestic industry competitiveness, but raises questions about the sustainability of such subsidies amid budget pressures.

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