Energoservice of Volga, JSC, a subsidiary of IDGC of Volga and Eltrait Ltd., a territorial grid organization, have concluded an energy service agreement on energy inspection and cooperation with a view of developing the grid facilities in Krasny Tekstilschik village of the Saratov region. The first stage is planned to cover the procedures of documentary and instrumental inspection of grid facilities. The results of the inspections will serve as the basis for making the action plan aimed at increasing the energy efficiency of the existing grids. The second stage will involve activities being performed with a view of reducing the power losses up to the specified level and ensuring reliability of power supply. On the whole, the project, when implemented, will eliminate the “hot points” of power losses in the electrical power grids, increase the operational efficiency of power grid complex and reduce costs of territorial grid organization being incurred during the operation of grids. The territorial grid organization will pay for the services being performed by the energy service company out of the funds that have been saved due to the reduction of power losses. This payment procedure is intended to encourage the best possible performance of the agreement.