OREANDA-NEWS. December 01, 2010. Sviaz-Bank has opened a revolving line of credit with a debt limit of 200 million rubles to the Kursk Power Distribution Company OJSC for a drawdown period of 12 months. The borrower will use the money to increase its working capital, reported the press-centre of Sviaz-Bank.

The Kursk Power Distribution Company was established on February 1, 2005. In September 2006, the company was given the status of a reliable supplier.

The company distributes over 55% of electric power delivered to Kursk Region. The Kursk PDC OJSC supplies power to more than 340,000 households and 8,000 legal entities.