IDGC of Centre Reconstructs One of Largest Supply Centres of Kursk region
The reconstruction of the substation "Rudnaya" began in 2014. In the first stage equipment of 35 kV outdoor switchgear and 6 kV outdoor switchgear and control gear was replaced there, as well as relay protection and automation equipment. Currently, the facility still has the reconstruction of 110 kV outdoor switchgear and taps of 110 kV overhead lines. The work is being performed in the conditions of the operating equipment, so all fed from the substation consumers receive electricity continuously and in full compliance with all quality parameters.
The power company plans in September to complete commissioning activities and put under operating voltage of a larger part of equipment of "Rudnaya", and fully complete the modernization of the power facility - at the end of this year. Commissioning of the upgraded substation will allow to minimize technological disruptions in the Kursk power system, improve the reliability and quality of electricity supply to consumers of the city of miners. And "Rudnaya" as a result will be one of the most high-tech supply centres in the region.
Rosseti, Public Joint Stock Company (PJSC Rosseti) is one of the largest electric grid companies in the world. The company maintains 2.30 million km of power transmission lines, 490,000 substations with transformer capacity of more than 761 GW. In 2015, net power supply to consumers amounted to 720,5 billion kWh. The number of employees of the Rosseti Group of Companies is 216,000 people.
The asset portfolio of PJSC Rosseti includes 37 subsidiaries and affiliates, including 14 interregional and one transmission companies. The controlling shareholder of the company is the state represented by the Federal Agency for State Property Management of the Russian Federation, which owns 87.9% of the share capital.
Interregional Distribution Grid Company of Centre, Public Joint-Stock Company (IDGC of Centre, PJSC) is the largest Interregional Distribution Grid Company in the Russian Federation, the majority shareholder of which (50.23%) is PJSC Rosseti performing management of IDGC/DGC by corporate methods (through Boards of Directors). The controlling shareholder is the state, which owns 61.7% of the authorised capital of PJSC Rosseti.
Staff of IDGC of Centre, PJSC is over 30 thousand people. In general, the share of IDGC of Centre in the electric power transmission market of regions in its service area is about 83%; the share of the grid connection market on the territory of the Belgorod, Bryansk, Voronezh, Kostroma, Kursk, Lipetsk, Orel, Smolensk, Tambov, Tver and Yaroslavl regions (an area of 457,700 square kilometers) is about 87%.
The main shareholder of IDGC of Centre, except PJSC Rosseti, is the company Genhold Limited. The free float is 25% of shares of IDGC of Centre. The number of shareholders is more than 16 thousand. Share code on the stock exchange: Moscow Exchange - MRKC. Tickers: Bloomberg - MRKC RX, Reuters - MRKC.MM.
The production potential of IDGC of Centre is 2.4 thousand substations of 35-110 kV with total capacity of 33.8 thousand MVA and 95.3 thousand substations of 6-10 kV with total capacity of about 18 thousand MBA. The total length of power lines of 0.4 kV 110 is 379 thousand kilometres.
The main strategic priorities of IDGC of Centre are: to provide reliable, uninterrupted and quality power supply to consumers; improving the quality and reliability of the services provided; efficiency of investments; energy conservation and reduction of losses; increasing the efficiency of operating costs; improving interaction with customers, investors and the society.
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