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Rosseti Volga

May 12, 2016

Debt of Oboronenergosbyt, JSC, to Orenburgenergo exceeds 72 million rubles

Orenburgenergo, a branch of IDGC of Volga, PJSC (a member of Rosseti Group of Companies), filed another claim to the Arbitration Court of Moscow for debt recovery from Oboronenergosbyt, JSC for March 2016.

Oboronenergosbyt Joint-Stock Company fails to fulfill its liabilities under the agreement for power and capacity transmission. The debt of this sales company to Orenburgenergo, a branch of IDGC of Volga, PJSC, totals 72 million rubles. Acting in accordance with the civil and arbitrary legislation, Orenburgenergo branch files claims to the arbitration court each month. 3 claims for 2015 and 3 claims for 2016 are currently considered by different courts.

 During several years the last resort provider has been effecting payment for the transmitted power strictly by enforcement. Lawsuits provide the only way to recover debts from the defaulting counterparty.

 

 

 

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