IESK is investing 7.8 billion of rubles in 2012

A meeting between the Board of Directors of "Irkutsk Grid Company" OJSC took place on December 23 this year in Irkutsk. Company's operation questions were discussed during the meeting. Several decisions were adopted in the following meeting.

A business plan 2012 for of the "Irkutsk Grid Company" OJSC was approved. 7 826.146 million of rubles are planned for the investment activity 2012 for the capital construction plan of the "Irkutsk Grid Company" OJSC. The funds will be directed towards the reconstruction of the electrical circuit of the Irkutsk-Cheremhovsky area, Taishet area and reconstruction of substation of 110/35/10 kV Pivovariha, substation of 110/35/10 Kierensk and overhead line with 110 kV Ust-Kut - Kierensk. Expanses in amount of 102.109 million of rubles are also included in this program and will be directed for the implementation of measures aimed at bringing of the power supply reliability of social facilities of the Irkutsk region to PUE requirements and other socially significant events.

The credit policy 2012 for "IESK" OJSC is determined and approved now. T is proposed to set a maximum total limit for credit products no more than 7.5 billion of rubles at the end of each calendar month.

23 January 2012
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