OREANDA-NEWS. June 24, 2011. At the annual general meeting, the management of IDGC North-West presented to shareholders the long-term program of future development for the next 10 years.

At the annual general meeting, the management of IDGC North-West presented to shareholders the  long-term program of future development for the next 10 years. Among the main priorities identified: increasing the reliability and quality of services, operating and investment efficiency, energy security and innovation development, the availability of grid infrastructure.

The company has formed long-term investment program for the period 2012 – 2016.  Capital investment will amount to 47 253 million rubles. The planned introduction of fixed assets - 46 614 million rubles.

The transition to long-term tariff regulation is a necessary condition for providing the system upgrade process of fixed assets renovation in connection with the implementation of regional schemes of electrical networks development, the growth of investment attractiveness of the Company,  full-scale activities aimed at improving power supply reliability and quality.

One of the strategic directions of the company is improving the system of marketing research of needs in the electric power and energy in the Russian regions served by the Company
Also was posed the task to improving the reliability of the short, medium and long-term forecasting of electric power and energy during the forecast period 2012-2017, which will allow to  determine the formation of the Company's investment priorities and grounds for long-term tariff regulation.

According to management of IDGC North- West, the implementation of long-term conception will reduce the depreciation of fixed assets to 50 percent and will maintain it at this level.