IDGC of the North-West having become member of “Market Council”, Non-Commercial Partnership

27.12.2012

IDGC of the North-West having become member of “Market Council”, Non-Commercial Partnership A decision to the effect was taken by the Partnership Supervisory Board on December 24, 2012.IDGC of the North-West, JSC has become a member of “Market Council for Organization of Efficient System for Trading in Electrical Energy and Power”, Non-Commercial Partnership (Market Council, NP). A decision to the effect was taken by the Partnership Supervisory Board on December 24, 2012.
Additionally, the following companies were admitted to the Partnership Expert Chamber: New Retail Energy Company, LLC; ROSMIC, LLC; IDGC of Volga, JSC; IDGC of North Caucasus, JSC; IDGC of Siberia, JSC; IDGC of Ural, JSC; IDGC of Center, JSC; IDGC of Center and Privolzhye, JSC; IDGC of South, JSC and Tyumenenergo, JSC.
Previously (on December 21, 2012) the issue of IDGC of the North-West participation in Market Council, NP was positively considered by the Board of Directors of the Company.
For reference: Market Council for Organization of Efficient System for Trading in Electrical Energy and Power”, Non-Commercial Partnership (Market Council, NP) was created in accordance with the Federal Law “On Power Industry”. The main objective of Market Council, NP activities is to ensure functioning of the wholesale electric energy and power market commercial infrastructure.