OREANDA-NEWS. The program was approved by the Board of Directors of IDGC of the North-West and forwarded for agreement to the regions of the power industry company’s presence.

The volume of funding of 2014 investment program of IDGC of the North-West will make 3.672 bln RUB, VAT included.

The document has been generated in accordance with the requirements of the Government of the Russian Federation concerning restriction of the rates of growth of tariffs for the infrastructural monopolies’ services. The program was approved by the Board of Directors of IDGC of the North-West and forwarded for agreement to the regions of the power industry company’s presence.
The volume of CAPEX in 2014 is scheduled as equal to 3.196 bln RUB. 80% of the funds (2.562 bln RUB) are planned to be allocated for technical re-equipment and reconstruction. New construction costs will make 20% or 629 mln RUB with 46% of the total CAPEX sum (1.481 bln RUB) to be allocated for technological connection needs.