Relying on the current survey data, IDGC of the North-West will draw a schedule plan of measures for enhancement of reliability of electric power supply to consumers from 110 kV terminal substations.

The delegation of Russian power industry professionals was headed by Deputy Chief Engineer of IDGC of the North-West Gennady Aleksandrov.

Deputy General Director for Capital Construction Sergey Titov and Chief Engineer Georgy Turlov have been appointed Chairmen of the Managing Committee and the Workgroup for Management of Critical Investment Projects respectively.

A judgment to the effect was passed by the arbitration appeal court within the framework of consideration of the retail company’s complaint against the ruling of an inferior court having abjudicated collection of cash funds from IDGC.

The Audit Committee under the Board of Directors of IDGC of the North-West, JSC has considered the Company’s 2011 financial statements prepared in accordance with the International Financial Reporting Standards (IFRS).

The power industry specialists undertake to ensure reliable electric power supply to the Metropolitanate establishments and facilities located within Novgorodenergo responsibility zone

A declaration to the effect was made by Governor Igor Orlov in the course of the meeting with General Director of IDGC of the North-West, JSC Alexander Kukhmay.

In Q1 the sum total of insurance contribution paid by IDGC of the North-West to the Pension Fund of Russia, the Social Insurance Fund and the Compulsory Medical Insurance Fund was 389.8 mln RUR.

Debts have been accrued for electric energy transmission services provided in March-July 2011

In 2012 one plans to spend 4.4 mln RUR on the works performance.