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Rosseti North-West

September 28, 2010

IDGC of North-West has allocated RUR 695.9 million for electric systems repairing in January-August

A 67.9% part of the repair program has been implemented using the company’s own resources.

The expenses for implementation of IDGC of North-West’s repair program based on the results of January-August 2010 have equaled RUR 695.9 million.

More than 40% of the funds have been allocated for repairs of overhead 6-10 kV lines and 35-220 kV substations. A 67.9% part of the repair program value amount has been implemented using the company’s own resources. This information has been presented in the report on the company’s repair program implementation.

The plan of IDGC of North-West’s repair program stipulates spending of RUR 753.2 million within the first 8 months of 2010. As at 1 September 2010, 92% of the planned funds have been spent.

According to the chief of IDGC of North-West’s exploitation and repair department Oleg Temerov, the total saving as to value indicators results from the saving based on the performance of held competitive procedures and incomplete expenditure of the funds stipulated for the emergency recovery work.

 

 

 

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