Electricorp demies early sale
PA Wellington Electricorp, which runs the country’s power stations and national grid, is not an early candidate for sale, according to its chairman, Mr John Fer-
i nyhough. > Mr Fernyhough said • yesterday that it would , take a-year or two to get ! the structure of the elec- ; tricity . industry right. A ■ big aim was to inject the
maximum possible competition. Electricorp bad already divided itself into business units in competition with each other, and it would be possible to sell the
corporation in up to 10 sections. Groups of power stations could be sold as units and a transmission company and marketing company as individual units.
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Press, 25 February 1988, Page 4
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109Electricorp demies early sale Press, 25 February 1988, Page 4
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