The deputy head of the Leningrad Regional Office of Federal Antimonopoly Service Gleb Konnov participated as observer.
On April 8 in St. Petersburg The Board of Directors of OJSC “IDGC North-West " has approved the corrected business plan and investment program for 2011.
According to the corrected business plan for 2011, the revenue will amount to 33.633 billion rubles; net profit is forecasted in the amount of 1.247 billion rubles. To the end of 2011 JSC "IDGC North-West" will keep the status of the company with satisfactory financial situation. (Rating of B1).

Corrected investment program of “IDGC North-West” expects the growth of investments by 9,2% up to 5,310 million rubles. As a result of implementation of investment program it is planned to increase the input of transformer capacity by 22,4% up to 402.66 MVA and power transmission  lines by 16,5% up to 683.06 km.

Previously, these indicators were considered and recommended for approval by the  Committee for strategy and development, as well as the Committee on the reliability.
For the first time The Board of Directors of OJSC ” IDGC North-West " took place in St. Petersburg, under the chairmanship of the Deputy Director General of OJSC " Holding IDGC” Alexey Perepelkin.  Before, the sessions with personal presence were held in Moscow. The deputy head of the Leningrad Regional Office of Federal Antimonopoly Service Gleb Konnov participated as observer.