By April 1, 2012, executive authorities of constituent entities of the Russian Federation are to take decision on establishment (revision) of long-term parameters of regulation of activities of territorial grid organizations the portion of the Russian Federation, the constituent entity of the Russian Federation and IDGC Holding, JSC in the authorized capital whereof is no less than 50% plus one voting share
The Federal Tariff Service of the Russian Federation forwarded to managers of executive authorities of constituent entities of the Russian Federation in charge of state regulation of tariffs an information letter wherein they explained the new procedure for agreement of long-term parameters of regulation of territorial grid organizations' (TGOs') activities.
The document reminds that, by April 1, 2012, in accordance with Clause 3 of Resolution No. 1178 of the Government of the Russian Federation “On pricing in the field of regulated prices (tariffs) in electric power industry” dated December 29, 2011, executive authorities of constituent entities of the Russian Federation in charge of state regulation of tariffs are to take decision on establishment (revision)(since July 1, 2012) of long-term parameters of regulation of activities of territorial grid organizations the portion of the Russian Federation, the constituent entity of the Russian Federation and IDGC Holding, JSC in the authorized capital whereof is no less than 50% plus one voting share as well as other TGOs in respect whereof the Return on Investment (RAB) method applied subject to agreement of the long-term parameters of regulation of such organization activities with the Federal Tariff Service.