The Ministry of Energy of the Russian Federation approved the amendments to the investment program of IDGC of Centre, PJSC. The grounds for adjusting the investment program of IDGC of Centre, PJSC are: taking into account the adopted tariff and balance decisions and the current forecast of the socio-economic development of the Russian Federation for the planning period and updating of the Company’s obligations on grid connection of customers.

Indicators of the adjusted investment program of IDGC of Centre, PJSC for 2020-2024:

The amount of financing of the adjusted Investment Program of the Company at the expense of the Company’s own funds will be 94%, including at the expense of depreciation deductions by 76%, at the expense of profits by 14% and other own sources of financing by 10%. Financing of the Investment program at the expense of borrowed funds will be 6%.

27% of the volume of financing of capital investments is planned to be spent on grid connection; 65% - on technical re-equipment and reconstruction of fixed production assets, 8% on other investment projects.

The implementation of the measures of the adjusted Investment Program will increase the quality of electricity supply to customers and the level of technical condition of electric grids, and will also contribute to the accelerated implementation of the Concept of digital transformation of the electric grid complex.

The full version of the adjusted Investment Program of the Company (only in Russian) can be found on the website.