"IDC Centre has invested in the I half of 2.7 billion rubles in the construction of power

The volume of investments of OJSC "Interregional Distribution Grid Company of Centre" (IDC Centre) for the first half of 2008 in the construction and reconstruction of power was 2.669 billion rubles, said Tuesday's press service.

As noted in the report, "IDC Centre for six months of 2008 imposed a 910.5 km of power transmission lines (in excess of the plan by 13,6%), transformer capacity? 70.6 MVA (above the target of a 2-fold).

"Exceeding the targets allowed for the accession of new consumers to electricity companies," - said in a statement.

In the third quarter of 2008, "IDC Centre plans to extend investment program 1,876 billion rubles.

"IDC Centre includes affiliates in the form of regional distribution grid companies" Belgorodenergo "," Bryanskenergo, "Voronezh", "Kurskenergo", "Kostromaenergo", "Lipetskenergo", "Tverenergo", "Smolenskenergo", "Orelenergo", "Tambovenergo "and" Yarenergo. The company serves an area of 457.7 thousand square kilometers with a population of 15.35 million.

Share capital "IDC Centre on 31 March 2008 is 4.221 billion rubles and is divided into 42.217 million ordinary shares of 0.1 ruble.

"IDC Holding owns 50.23% of the company, Citigroup Global Markets Limited - 5,31%, Deutsche Bank AG of less than 5%.

Topic: "Voronezh", "Kurskenergo", "Kostromaenergo", "Lipetskenergo", "Tverenergo", "Smolenskenergo", "Orelenergo", OJSC, IDC, MVA