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Rosseti Volga

May 30, 2016

Debts of power supply companies to Chuvashenergo, a branch of IDGC of Volga, PJSC, exceeded 1.2 billion rubles

As of today, the total amount of unchallenged debts payable by the Last Resort Provider, power supply companies, customers who concluded direct power transmission agreements and related grid companies to Chuvashenergo, a branch of IDGC of Volga, PJSC (a member of Rosseti Group of Companies), totals 1,222.8 million rubles.

Chuvash Power Sales Company, JSC, a last resort provider in the Chuvash Republic, remains one of the major debtors with the unchallenged debt totaling 1,165.9 million rubles. Earlier, in April 2016, Chuvash Power Sales Company, JSC, found an opportunity to pay for the services rendered in March 2016 and partial repay the debt for the previous periods.

As of May 01, 2016, the unchallenged debt decreased to 946.4 million rubles. However, currently this debt exceeded 1 billion rubles again as the last resort provider did not pay for the services rendered in April of the current year which matured on May 16, 2016.

Thus, Chuvash Power Sales Company, JSC continues to accumulate the debt to IDGC of Volga, PJSC, jeopardizing the implementation of scheduled repair and investment programs by the grid company and, consequently, the infrastructure safety of the republic.

 

 

 

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