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Rosseti Volga

March 1, 2016

Debts of electric power consumers threaten the energy security of the Chuvash Republic

The situation with non-payment for the power transmission services in the Chuvash Republic remains tense.
As of February 01, 2016, the amount payable by the contractors to IDGC of Volga, PJSC was 1,073.7 million rubles. Chuvash Energy Sales Company, JSC acting as POLR in the Chuvash Republic, is among the major debtors. As of February 26, 2016, the total amount of the overdue undisputed debt of Chuvash Energy Sales Company, JSC to IDGC of Volga, PJSC is 955.4 million rubles.
Long-lasting non-payments for rendered services on electric power transmission undermine the functioning of the entire energy system of the region. Despite this, Chuvashenergo timely performs all the financial obligations to the subordinate territorial grid companies (TGC) of the Chuvash Republic.
At the same time, the power engineers take emergency measures to prevent the further growth of receivables. In addition to the negotiation on the debt repayment schemes with debtor companies, dialogues with the heads of municipalities, petitions to the Prosecution Office and the Ministry of Construction of the Chuvash Republic, Chuvashenergo carry out an intensive claims management activity.

 

 

 

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