The investment program execution is proceeding at outstripping rates.
Arkhenergo branch of IDGC of the North-West, JSC has reported on Implementation of the Investment Program in H1 2013. According to the preliminary estimates, during the six months of the current year Arkhenergo assimilated approximately 135 mln RUB allocated for capital construction measures which amounts to 155% of the plan. The investment program execution is proceeding at outstripping rates.
During the 12 months of 2013, Arkhenergo plans to spend on investment projects 595 mln RUB. All in all, the amount of allocations within the framework of the investment program in 2013-2018 is planned to be 3 bln 812 mln RUB.
The core investment projects of Arkhenergo for 2013 are as follows: reconstruction of facilities intended to ensure technological connection of the preferential group consumers (up to 15 kW) and consumers with capacity in excess of 15 kW, reconstruction of distribution grids in Arkhangelsk for feeding centers backup, reconstruction of grids in Severodvinsk, reconstruction of “Kuznechevskaya” 110/35/6 kV substation and others.