On May 30 in Saint Petersburg a meeting with Deputy Plenipotentiary Representative of President of the Russian Federation in the North-Western Federal District Sergey Zimin took place. On May 30 in Saint Petersburg a meeting of General Director of IDGC of the North-West, JSC Aleksandr Kukhmay with Deputy Plenipotentiary Representative of President of the Russian Federation in the North-Western Federal District Sergey Zimin took place. Aleksandr Kukhmay spoke of the company’s work for development of electric power grid infrastructure regionally. The branches switchover to regulation by the Return on Investment method (prescribing a mechanism for invested funds payback) has promoted formation of investment programs and attraction of credits for their implementation. All the three RAB-regulated branches of IDGC of the North-West have successfully gone through long-term parameters agreement with the Federal Tariffing Service. A decision to the effect with regard to Novgorodenergo and Pskovenergo branches was taken by the Management Board of the Federal Tariffing Service on May 21, with regard to Vologdaenergo branch on May 29 of the current year.
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