30
March 2017, a meeting of the Board of Directors of IDGC of Centre
(hereinafter – the Company) was held. The meeting approved the
draft of amendments entered into the Company’s Investment Program
for 2016-2020, approved by Order of the Ministry of Energy of Russia
dated 22.12.2016 ¹ 1386, with the extension of the planning period
up to 2022. The main reasons for adjusting the Investment Program
are: adoption of tariff and balance decisions for 2017, updating of
commitments for grid connection and taking into account actual
results of the Company’s Investment Program in 2016.
The indicators of the Company’s adjusted Investment Program for
2017-2022:
Planned period:
|
2017
|
2018
|
2019
|
2020
|
2021
|
2022
|
Financing,
mln RUB
VAT inclusive
|
Approved plan*
|
15 312
|
16 035
|
16 389
|
17 618
|
|
|
Adjusted plan
|
15 271
|
12 844
|
13 462
|
13 940
|
14 013
|
14 337
|
* IDGC of Centre’s Investment Program for 2016-2020, approved by
Order of the Ministry of Energy of Russia dated 22.12.2016 ¹ 1386.
The volume of financing of the adjusted Investment Program of the
Company for 2017-2022 at the expense of the Company’s own funds
will amount to 95.5%, including with depreciation at 82.4%, borrowed
funds will be 4.5%. 38.6% of capital investments are planned to be
spent on new construction and expansion, 61.4% on technical
re-equipment and reconstruction. About 32% of the adjusted Investment
Program for 2017-2022 is planned to be spent on financing facilities
of preferential grid connections.
Based on the results of implementation of the adjusted Investment
Program of the Company in 2017-2022, the Company will achieve its
main goals: reliable and uninterrupted power supply to consumers in
the company’s service area, as well as fulfillment of the Company’s
obligations for connection of customers to the Company’s electric
grid facilities in accordance with the current legislation.
Other IR pieces of the Company’s news can
be found on the website:
https://www.mrsk-1.ru/en/investors/presentations/ir_news/.
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