IDGC North-West Will Hold Credit Auctions to Attract RUB 3.1 bln
OREANDA-NEWS. July 20, 2011. SC "IDGC North-West," will hold public auctions on the right to conclude contracts for the provision of financial services for opening lines of credit and providing loans totaling USD 3.1 billion.
On August 18, 2011 JSC "IDGC North-West," will hold public auctions on the right to conclude contracts for the provision of financial services for opening lines of credit and providing loans totaling USD 3.1 billion.
Two auctions totaling 600 million rubles are held to attract loans for financing the investment program of 2011 of the branches of JSC "IDGC North-West," who moved to the RAB-based tariff regulation.
The remaining 2.5 billion rubles will be involved in working capital (including the repair of power equipment).
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