Overdue receivables of “Chuvash Energy Retail Company”, JSC to IDGC of Volga, PJSC for electric power transmission services in April 2019 began to grow again. So, as on the date of 01/04/2019, the uncontested overdue debt amounted to 770,8 million rubles. Given the incomplete fulfillment of obligations to pay current accruals, in May the expected value of receivables may increase up to 793.7 million rubles.

As of the beginning of May, overdue indebtedness is also present in other consumers of services —energy sales companies and territorial grid organizations. Thus, “Nizhegorodenergotrade” LLC has a non-contestable debt in the amount of 35 million rubles, “Independent Energy SalesCompany” LLC - 17 million rubles, “Utilities Technology” LLC 4.6 million rubles, “|Electrotechmontazhlabtortoria Plus” LLC - 9.4 mln. rub. of municipal unitary enterprise “Communal networks of Novocheboksarsk” - 8.5 mln. rub.

 In the Branch of IDGC of Volga, PJSC (included in the “Rosseti Group”, PJSC) –“Chuvashenergo”, series of measures is being taken to reduce overdue receivables. Specialists of the company are actively carrying out claim- search work, as a result of which not only the amount of debt, but also substantial amounts of penalties, are collected from unscrupulous payers. However, debt collection in court is a lengthy procedure, while IDGC of Volga, PJSC must regularly finance the operating costs of maintaining the power grid complex.