OREANDA-NEWS. July 29, 2007. The Cooperation Agreement between JSC “IDGC of Center and North Caucasus”, JSC “UES FGC”, the Voronezh administration and JSC “Voronezhenergo” while implementing investment programs to increase power supply reliability and providing new connections in 2007-2011 was signed today, on July 19, 2007 in Voronezh.

Evgeny Makarov, General Director signed the agreement on behalf of JSC ‘IDGC of Center and North Caucasus”, Vladimir Kulakov, Governor of  the Voronezh region on behalf of the Voronezh administration, Victor Pyatigor signed on behalf of JSC “Voronezhenergo”.

The signed Agreement will arrange building and reconstruction of the power grid units in the nearest five years.

The top-priority construction is in the Khokholsky, Povorinsk, Leskinsk and Gribanovsk districts, as well as the top-priority reconstruction of power grid complex units are located in Vorenezh and in the region. The investment programs during the Agreement effective period are calculated for the sum more than 7,5 billion rubles. JSC “UES FGC” investment sources, JSC “Voronezhenergo” profit and borrowed finances are the source.
 
The implementation of the investment programs will allow reducing costs per unit of  the grid maintenance, as well as, power losses by applying new ways in power energy metering and optimizing power supply.

According to the signed Agreement terms, the Voronezh region administration will give assistance in investment programs implementation in the region. In return, apart from repair activities and construction of new facilities, “Voronezhenergo” Company intents to develop the strategy of perspective development of the Voronezh region power grids by 2015. At that, the implementation of the municipal, renters and other owners power grids integration will allow increasing the reliability of the Voronezh region distribution grid complex.