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IDGC of Volga

August 11, 2017

Grid companies of Samara region do not hurry to repay their debts to IDGC of Volga, PJSC

Total accounts receivable from counter parties to Samara Distribution Grids, a branch of IDGC of Volga, PJSC amount to nearly half a billion rubles. Most of severe debtors are territorial grid companies, such as Production Company Avtokomponent Syzran, JSC, Setevaya Kompaniya, LLC, SV-Povolzhskoye, CJSC, VODA-16 MUE.
Non-payments for power transmission services lead to difficulties in financing repair and investment programs, core business activities and technological connection of new consumers, which may affect economic attractiveness of the region as well as safety and reliability of power supply.
The company is continuously filing claims and taking all possible measures to reduce debts through pre-trial procedures. “We are always ready for a constructive dialogue with our partners and joint resolution of the debt issues. Unfortunately, neither claims nor court orders in our favour are not considered by our debtors as fair grounds for paying off their outstanding liabilities. If grid companies allow themselves such breaches of commitments in respect of power suppliers, then what kind of attitude do they show to their customers?” says Svetlana Lapteva, Deputy Director for Development and Sales of Services.

 

 

 

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