IDGC of the North-West implementing 365 projects within the framework of 2012 investment program

29.02.2012

IDGC of the North-West implementing 365 projects within the framework of 2012 investment program IDGC of the North-West, JSC 2012 investment program includes 365 projects including 60 economically efficient ones. IDGC of the North-West, JSC 2012 investment program includes 365 projects including 60 economically efficient ones. The negative discounted cash flow of most projects is due to their specificity. The projects are aimed at technological connection of preferential category consumers to electric power grids.
IDGC of the North-West, JSC increases efficiency of CAPEX: the total net discounted cash flow of 2012 investment program is expected to make 3532 mln RUR (2011 investment program projects to earn the company 2097 mln RUR). The investment program internal rate of return has increased from 13 to 15 per cent.
Currently, five out of the seven branches of IDGC of the North-West have had their regional programs for prospective development of electric power industry for the period of 2012–2016 approved of or agreed upon. With three branches elaboration of development schemes for the period of 2013–2017 is in progress.
IDGC of the North-West investment program was assumed as the backbone of the approved business plan of the company. A decision to the effect was taken by the Board of Directors of the Company on January 20, 2012. In connection with tariff decisions revision, the short-term (2012) and the long-term (2012–2017) investment programs are currently being corrected.