Komienergo branch of IDGC of the North-West has allocated 380 mln RUR for development of the Komi Republic grids since the beginning of the year. Vologdaenergo branch of IDGC of the North-West has allocated 128.3 mln RUR for the repairs campaign implement

03.08.2012

Following the results of the first 6 months 2012, the expenditures of Vologdaenergo branch of IDGC of the North-West, JSC on implementation of the repairs campaign have made 128.3 mln RUR. Since the beginning of the year Komienergo branch of IDGC of the North-West has allocated 380 mln RUR for development of the Komi Republic grids which exceeds the amount of the approved H2 investment program twofold For the needs of the scheduled facilities CAPEX the branch allocated approximately 104 mln RUR including 38 mln RUR to be spent on connection of preferential category consumers. The rest of the funds equal to 276 mln RUR were assigned for implementation of technological connection contracts. The amount of fixed assets commissioned in H1 of within the framework of the Investment Program and technological connection is 69 mln RUR. Capacities commissioning is equal to 2.7 MVA and 20 km of transmission lines.
Following the results of the first 6 months 2012, the expenditures of Vologdaenergo branch of IDGC of the North-West, JSC on implementation of the repairs campaign have made 128.3 mln RUR. As compared to the same period of the previous year, the enterprise has increased expenses on performance of repair works by 16%.