The Interregional Distribution Grid Company (IDGC) of the North Caucasus and the Krasnodar Territory will be under control of the Eurasian Energy Holdings of Russia and Korea, Russia 1 reports.
Half of the holdings belongs to the Northern Caucasus Resorts.
Ahmed Bilalov is the chairman of the board of the Northern Caucasus Resorts and Vice President of the Russian Olympic Committee. Russian President Vladimir putin criticized him for failing to complete construction of Russkiye Gorki in Sochi on time and dismissed him.