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Rosseti North-West

November 12, 2009

Alexander Kukhmay, General Director of IDGC of North-West, “Power efficiency law taken by the State Duma commits us to make RAB transition in 2010”

Today, Arkhangelsk witnessed the joint press conference of top-managers of IDGC of North-West and the Arkhangelsk Region Fuel and Energy Complex and Housing and Public Utilities Deputy Governor.

Today, on November 12, Arkhangelsk witnessed the joint press conference of Alexander Kukhmay, General Director of IDGC of North-West and Yuriy Yampolskiy, “Arkhenergo” Direcotor, in the office of the unified company branch. Alexey Vereshchagin, Fuel and Energy Complex and Housing and Public Utilities Deputy Governor of the Arkhangelsk Region took part in its work.

On the eve of press-conference, within the framework of the working trip of Alexander Kukhmay, General Director of IDGC of North-West, to the Murmansk and Arkhangelsk Regions the Administration of the Arkhangelsk Region was home to the joint meeting of power engineers and the representatives of the authorities.

Alexey Vereshchagin, Deputy Governor of the Region, read the results of the joint meeting at the press-conference.

“The necessity of such meetings is determined by the joint interest. There are new issues to be discussed and the unsolved ones. One of such problem issues is the past years debtors of “Arkhenergo”. We shall find such a way to redeem the debts, so that the solution would satisfy both the authorities and the power engineers. We also discussed the creation of the unified power operation company in the Arkhangelsk region. For the present day there are more than 50 organizations in the region which makes the task of reliable power supply of the consumers more complicated,” said the Deputy Governor during the pres-conference in “Arkhenergo”. 

Alexander Kukhmay, General Director of IDGC of North-West said during the meeting in the regional administration that one of the key issues was the issue about the new system of the tariff formation in accordance with RAB methods.

“The tariff formation by the Regulatory Asset Base (RAB) method helps to establish the tariff for the longer period than we have now – from three to five years. Together with this, its basis is the investments which are necessary to be implemented to modernize the electric grid complex and support its development to remove restrictions for connection of the consumers which is very topical for the Arkhangelsk region. The tariff formed in accordance with RAB, makes it possible to attract the bank credits and investment campaigns’ means to the electric power. This method determines how they get the repayment of their means. These are the investments for the longer period, up to 30-35 years. The RAB transition goal was assigned by the Government,” emphasized the Head of the unified grid company. 

On November 6, State Duma read for the third time the Law on Power Efficiency which also determined the terms of power companies transition to RAB method of tariffs regulation.

“IDGC of North West shall be transited to RAB during 2010. At present we are carrying out the accounts for the regions for them to understand why it is necessary to transit to RAB and the effect we will gain from it”, explained Genenral Director of IDGC of North-West.

Speaking about the investments to the grid complex of the Region in 2010, the General Director of IDGC of North-West said, “As for the investment plans of the Company for the next year, the amount of financing will not grow. Our goal is to form business plan in conditions of the financing decrease, but provide, together with this, the reliability of all power equipment we operate. It is a difficult task, but we shall cope with it,” noted Alexander Kukhmay.

 

 

 

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