IDGC of Centre Has Started to Check Preparedness of Subsidiaries for Winter Period

IDGC of Centre subsidiaries are preparing properly for the forthcoming winter.

Moscow, Russia, September 26, 2008 --( IDGC of Centre, JSC committees that check preparedness of the subsidiaries for the autumn and winter period of 2008 - 2009 started their work. The company’s order defined the structure of the checking committees.

The committees will have to present the results of the check of preparedness of IDGC of Centre, JSC to work in the cold period in the first decade of November, 2008. However, now it is already possible to state that IDGC of Centre subsidiaries are preparing properly for the forthcoming winter.

The volume of expenses of the company on the 2008 repair program is RUR 1bn 270m. In comparison with the last year, the funds of the repair campaign have increased by 20%.

For two years IDGC of Centre has been performing the system of facilities complex repair (modern vacuum switches, self-bearing isolated wire, and vacuum reclosers). It has become one of the crucial factors at reception of the Certificate of Preparedness for the winter of 2007, that IDGC of Centre received the first among other grid companies. Application of the given method allows to decrease considerable the costs for material and technical resources, increase the quality of work and optimise the use of the repair personnel.

About us: “Interregional Distribution Grid Company of Centre”, Joint-Stock Company was registered on December 17, 2004. The capital stock of IDGC of Centre, JSC as of March 31, 2008, equals RUR 4, 221, 794, 146.80. IDGC of Centre, JSC includes the following branches: Belgorodenergo, Bryanskenergo, Voronezhenergo, Kurskenergo, Kostromaenergo, Lipetskenergo, Tverenergo, Smolenskenergo, Orelenergo, Tambovenergo and Yarenergo. The Company Director-General is Evgeny Fedorovich Makarov. The total length of transmission lines accounts for 365,769.7 km. Main achievements: certificate of conformity of the Quality Management System with the requirements of ISO 9001:2000, certificate for receiving the rating of corporate governance 6+ under the scale of the National Rating of Corporate Governance. “Developed Corporate Governance Practice” National Rating Agency gave a rating of credit solvency to IDGC of Centre, JSC on level A - high credit solvency, the 2nd level. IDGC of Centre, JSC successfully passed certification audit for reception of the degree of conformity with the second level of technological maturity in the field of project management (IPMA). It became a corporate member of SOVNET Russian Project Management Association forming a part in the International Project Management Association (IPMA) (Zurich, Switzerland). In 2008 - Business Process Excellence Award 2008 in the Bussiness Perfomance Improvement nomination.

IDGC of Centre
Maxim Landa