OREANDA-NEWS. September 26, 2007.Orel Region Collegiate Body, "FGC of UES" JSC, “IRGC of Centre” JSC and “Orelenergo” JSC signed an agreement to provide  a reliable power supply  for the regional cumsumers.

The Agreement Subject is the realization of the investment programme for the period till 2011. The total investment amounts to 3.7 miliard roubles, including: 2.9 billion is for the development of the Power Grids of “Orelenergo” JSC, and 730 million roubles – towards the prevention of capacity shortage at the   "FGC of UES" JSC units.

A major technical re-equipment of the 220 W “Orel-Region” substation is being planned within the mainstream grid complex. 295 km of 0.4-10 kW power lines and nine 99 km long 35-110 kW lines will be constructed at the “Orelenergo” JSC distribution grids. Two new 110/10 kW substation are to be constructed in the Nothern region and along the Orel-Naugor highway  and 7 main regional substations are to be expanded.

Apart from the new construction works, the programme includes the technical re-equipment, reconstruction and modernization of the “Orelenergo” JSC grid units. The funds for investment shall be attracted revenue for connections, profit, depreciation and loans.

Sergey Zorin, Deputy of JSC“IDGC of the Centre” General Director -  JSC“Orelenergo” Managing Director said that such an amount will be invested into the Power Industry for the first time for the last 15 years. A new strategy for power industry development has become necessary as a result of an increasing rate of  the region’s development, with energy consumption growing accordingly, particularly, in new residential areas with kindergartens, schools and hospitals, large industrial and agricultural enterprises, which need new capacities.

The opening of Customer Care Centres for technical connections, based on the JSC“Orelenergo”, that will operate on a “one stop principle” shall be stipulated by the agreement.