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IDGC of Centre for seven months reduced by 2.2 billion rubles receivables for electricity transmission services

11 September 2017

IDGC of Centre continues systematic work to reduce receivables for electricity transmission services. Over the seven months of 2017, the company reduced the total amount of debt by 2.2 billion rubles.

As of 1 August 2017, the total amount of accounts receivable from counterparties to IDGC of Centre for electricity transmission services was 20.1 billion rubles, including 14.9 billion rubles - overdue debts, including 12.7 billion rubles - overdue indebtedness of suppliers of last resort. The largest accounts receivable as of 1 August 2017 were formed by the suppliers of last resort PJSC GC "TNS Energo" (3.3 billion rubles, of which 1.9 billion rubles overdue), JSC "AtomEnergoSbyt" (2.4 billion rubles, 0.9 billion rubles overdue), OJSC "LESK" (1.8 billion rubles, 1.6 billion rubles overdue).

IDGC of Centre implements a set of measures to repay debts, in cooperation with the regions’ authorities where it operates, using the potential of commissions for monitoring settlements with electricity companies set up at the initiative of PJSC "Rosseti", and within the framework of the ongoing claims and lawsuits. The company intends to continue to work consistently to recover accounts receivable, using for this purpose all the opportunities provided by the current legislation.

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