A meeting of the Government Commission on settlement issues for the supplied fuel and energy resources was held in Cheboksary, where, among other issues, the situation with the debt of Chuvash Energy Retail Company JSC (a guaranteeing supplier in the Chuvash Republic) and MUE Municipal Grids of Novocheboksarsk (territorial Grids organization) to Rosseti Volga (a member of IDGC of Volga).
The branch of Rosseti Volga - Chuvashenergo was forced to bring the consideration of this issue to the level of the Government of the Chuvash Republic in connection with the next wave of growth of overdue receivables from large consumers of electric power transmission services. Thus, as of May 1, 2019, the uncontested overdue debt of Chuvash Energy Retail Company JSC to ROSSETI Volga amounted to 794 million rubles. Due to the incomplete fulfillment of obligations to pay current charges for the cost of services in June, the expected value of the debt of this company will increase to 877 million rubles. Considerable debt to power engineers has accumulated among other consumers of services - energy sales companies and territorial grid organizations, including Nizhegorodenergotrade LLC, Independent Energy Retail Company LLC, Utility Technologies LLC, ElektrotekhmontazhlaboratoriyaPlus LLC, MUE Municipal Grids of Novocheboksarsk and others.
The government commission heard information from the subjects of the electric power industry on the magnitudes and causes of debt formation. Based on the analysis of the information provided, proposals were developed aimed at resolving the situation with payments.