OREANDA-NEWS. May 4, 2007. A meeting of JSC “IDGC of Center and North Caucasus” Black Earth Directorate service area management took place in JSC “Kurskenergo” on April 26. The participants summed up the RNCs work results in the first quarter and discussed the targets on implementing investment programs in 2007.

Sergei Podolsky, the Director of Black Earth Directorate said that  all six RHCs – Belgorodenergo, Voronezhenergo, Kurskenergo, Lipetskenergo, Orelenergo, Tambovenergo  achieved the main indices of production and financial activities.  The 2007  investment program was successfully launched.  It is planned to spend 3 mld. rubles to develop Black Earth power energy complex. Primarily, bids for project order placement shall be held.   The designing process and purchasing of the required equipment should be finished as soon as possible.

Speaking of the investment program peculiarities, Sergei Podolsky pointed out that a quarter of  the monies shall be spent on modernizing the automated directory and documentation systems (ADDS). This is specified according to power energy market development due to which the problem of accuracy and reliability of power energy measures arises.


An essential part of investments is planned to be spent on the reconstruction of  110-35kW acting and new substations. The new capacities are planned to be commissioned this year in Belgorodenergo, Kurskenergo, Lipetskenergo.
More finances shall be allocated for the reconstruction and building of power lines which shall lead to the reduction of losses in the networks, cost cutting and fraud prevention.

The participants were set a target to apply all mechanisms to enhance the process of re-equipment. A special role is given to leasing packages which provide an effective financial investment to technical retooling and finally, the growth of company capitalization