OREANDA-NEWS. July 13, 2012. IDGC of the North-West, JSC sums up the preliminary results of the Investment Program execution at the end of the first six months of the current year. In the first half 2012 IDGC of the North-West, JSC launched 33.11 MVA transformer capacities and 411.42 km transmission lines.

The main volume of capacities launched falls to the share of distribution grids and is represented basically by short sections of 04–10 kV transmission lines and 6–10/0.4 kV transformer substations. The Company has carried out all works provided for by the Investment Program. Planned targets were over-fulfilled due to works related to technological consumer connections.

Among the most important facilities brought into operation during the first six months of the current year is the second reconstruction stage of the 10 kV overhead line running from Chekuyevskaya substation in Onezhsky district of Arkhangelsk region. The amount of fixed assets launch was 13.1 mln rubles. In March of the current year, the other branch of the Company, Vologdaenergo, brought into operation the start-up complex about 3 km long “110 kV Overhead Line Reconstruction at the 110 kV Lugovaya Substation Segment Running to 110 kV DP”. The amount of fixed assets launch was 54.055 mln rubles.

New fixed assets expected in the first half 2012 amounted to 797.2 mln rubles, assimilation of CAPEX (VAT excluded) 1341.9 mln rubles. The final results will be summed up after August 5.