HC Deb 05 June 1990 vol 173 cc410-1W
Mr. Dobson

To ask the Secretary of State for Energy what is his Department's latest estimate of the value of the grid company.

Mr. Wakeham

The value of the National Grid Company in the flotation of the 12 regional electricity companies will depend on a wide range of factors, including its profitability, capital structure and future prospects and market conditions at the time of the sale.