A decision to the effect was taken by the Board of Directors of the Company on June 20, 2012.

On June 21 IDGC Holding, JSC will sign cooperation agreements with Eurocontract High Voltage Equipment, LLC and China XD-Electric Co., Ltd (PRC) and with ERDF electric power grid company of France and Tomsk Polytechnic University

Pskovenergo spent 5.4 mln RUR out of the enterprise investment program funds on purchase of the GAZ-3308 based movable diagnostic complex.

New Opportunities, № 2 (28), 2012

The Company shareholders are to consider five issues.

Pskovenergo will spend on electrification of the facilities under construction over 18 mln RUR (less VAT) out of the 2012 investment program funds.

Currently, several facilities are being constructed simultaneously.

First Vice Prime Minister Igor Shuvalov having instructed the Ministry of Energy and the Ministry of Economy to submit proposals on privatization of regional distribution grid companies controlled by IDGC Holding by June 16

The planned amount of Kolenergo annual repairs program is 190.1 mln RUR with 72.7 mln RUR to be allocated for substations equipment repair.

Discussed at the meeting was the energy supplies situation in the northern districts of the republic.