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IDGC of Centre within its work with large non-payers effectively cooperates with regional authorities and federal agencies

4 December 2017

IDGC of Centre summed up the work to reduce receivables for electricity transmission services for ten months of 2017. During this period, the total amount of debt decreased by 1.1 billion rubles. As of 1 November 2017, the total amount of receivables from counterparties to IDGC of Centre for electricity transmission services amounted to 21.2 billion rubles, including 14.5 billion rubles - overdue debts, including 12.9 billion rubles - overdue indebtedness of suppliers of last resort, 0.7 billion rubles - debts of energy sales companies.

IDGC of Centre implements a set of measures for repayment of the debts, including in cooperation with the regions’ authorities where it operates, using the potential of commissions for monitoring settlements with electricity companies, as well as similar structures working under the auspices of the regional authorities, initiated by Rosseti Group of Companies.

In the Kursk region, in particular, these issues are dealt with by the working group on taking measures to minimize consumer debt to resource-supply organizations under the leadership of Deputy Governor Alexander Demin. Its regular meeting was held in the first half of November. It, among others, considered the issue of debt of utilities for electricity transmission services to IDGC of Centre - Kurskenergo division. According to Sergey Sevryuk, Deputy Director of Kurskenergo for Development and Sale of Services, "Regional Energy Retail Company" LLC is one of the largest debtors of the branch: the amount of its overdue debt is 35.2 million rubles. Following the meeting, this enterprise was pointed to the need to take measures to fulfill obligations to the energy sector.

Municipal Unitary Enterprise "Gorvodokanal" and MUP "Gorteploset" of the city of Zheleznogorsk were also named among the major non-payers for the services of Kurskenergo: their arrears amounted to 17.9 million rubles and 7.2 million rubles, respectively. The management of the city administration of Zheleznogorsk was recommended to work out the issue of paying off the debt to the energy industry until 1 December.

To date, "Regional Energy Retail Company" LLC has paid 29.5 million rubles of overdue accounts receivable, and part of the overdue debt was paid by Municipal Unitary Enterprise "Gorvodokanal" (4.8 million rubles). MUP "Gorteploset" of the city of Zheleznogorsk has repaid overdue debts in full.

The energy company cooperates effectively with the regional offices of the Federal Bailiff Service. Thus, at the beginning of November, the Interdistrict Department for Highly Important Executive Proceedings of the Office of the Federal Bailiff Service of Russia for the Tver Region instituted criminal proceedings under Article 315 of the Criminal Code of the Russian Federation (failure to execute a court verdict, court decision or other judicial act) against the director of one of the communal enterprises of Torzhoksky district. The official did not pay for the services of IDGC of Centre - Tverenergo division for electric power transmission, having accumulated overdue accounts receivable in the amount of 3.4 million rubles. Only in the course of 2017, Tverenergo’s employees filed ten executive orders, according to which bailiffs were instituted enforcement proceedings. However, the head of the enterprise did not pay the indebtedness on them, the money coming to his account was spent at his own discretion. As a result, the security unit of the Tver branch of IDGC of Centre filed an application to bring the violator of payment discipline to criminal liability. Tverenergo was recognized as a victim within the framework of the criminal case initiated, an investigation is being conducted, according to the results of which a procedural decision will be made. In accordance with the provisions of Article 315 of the Criminal Code of the Russian Federation, the head of the debtor-enterprise may face punishment from a large fine to imprisonment for up to two years.

IDGC of Centre intends to continue to work consistently to recover accounts receivable, using for this purpose all the opportunities provided by the current legislation. At the same time, it remains open for a constructive dialogue with regard to the development of effective mechanisms for its repayment, taking into account the current macroeconomic situation, and in some cases also the real financial capabilities of its counterparties.

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