West constituents, including local budgets 138.0 mln RUR were refunded as advance overpayments of 2011 income tax, in total – 533.7 mln RUR

The Board of Directors of IDGC of the North-West, JSC has approved technical adjustment of the Company Business Plan for the current year related to changes in the Investment Program parameters.

Two thirds of the Investment Program will be spent on re-equipment and reconstruction, 30% – on new construction, 3% – on fixed assets acquisition.

Andrey Murov, First Deputy Chairman of the OJSC FGC UES Management Board, Executive Director JSC IDGC Holding, conducted a meeting in IDGC of the North-West

IDGC of the North-West, JSC has summed up preliminary results of the Investment Program Implementation in the first half year of 2012.

Expected assimilation of CAPEX (VAT excluded) amounted to 1341.9 mln rubles

The program is intended for the period from 2012 to 2015 and covers all voltage transmission lines located within the area of all operating divisions of the branch.

Special attention has been paid to synchronize plans with FGC JSC, to fulfill orders of supervising authorities, to interact with regions and customers.

The system is designed to inform rapidly and in a quality manner about the course of remedial operations

In total, it was planned to install 120 steel multisided poles and 19 steel lattice towers on the Sokolovka-Pazhga transmission line.