Irkutsk electric grid company

Company Info

The structure of IESK LLC includes 5 Irkutskenergo branches of JSC with the total length of networks more than 35,000 km., from 0.4 kV to 500 kV, 14,346 substations with a total power of 43,966.98 MVA. The general park of the equipment of IESK LLC made 195,311 conventional units.

Till 12/31/2008 the only participant of IESK LLC was JSC Irkutskenergo. After the reorganization which is carried out by JSC Irkutskenergo in 2008 in the form of selection since 1/1/2009 JSC Irkutskiye Elektricheskiye Seti created as a result of selection from JSC Irkutskenergo became the only participant of IESK LLC.

For the purpose of ensuring participation of shareholders of JSC Irkutskiye Elektricheskiye Seti in management of JSC IESK of 6/18/2009 of extraordinary General shareholder meeting JSC Irkutskiye Elektricheskiye Seti the decision on reorganization of JSC Irkutskiye Elektricheskiye Seti in the form of accession to JSC IESK was made.

Strategy

Costs for accomplishment of an investment program exceed 30 billion rubles from which in 2012 it is going to spend 7.826 billion rubles. If state policy on formation of rates will not change, in IESK promise to use the best efforts for its accomplishment in the specified volumes.

The director of capital construction of the Irkutsk electric grid company Nikolay Lyubochkin told the correspondent of "The Siberian power engineering specialist":

"In 2012 we managed to receive the order on the statement of an investment program for five years. If nothing changes in terms of policy on formation of rates, we hope to execute it successfully. At least, we will make various efforts that it was executed".

It is possible to call expenses on program implementation if not unprecedented, then at least considerable. As well as their growth in comparison with previous years: only in 2012 IESK is going to spend 7.826 billion rubles that is 2.852 billion more, than in 2011. These means, among other, will go for completion of construction of substation Lake and reconstruction of substation Taishet together with construction of the networks adjoining to them intended for issue of power of Boguchansky hydroelectric power station in the Integrated power grid of Russia and power supply of the Taishet aluminum plant. Expected costs for creation of infrastructure for technology joining of new consumers the next year make slightly less than 538 million rubles. "I think that they will be more because as practice showed, last year we spent 1.42 billion rubles for technical accession, and according to the results of this year we plan 1.18-1.2 billion rubles", – Lyubochkin noted.

Expenses on accomplishment of the "governor's" program in 2012 will make 1.133 billion rubles (for comparison: 1.009 billion rubles will be spent for its implementation, taking into account reduction of tariffs for electric power transmission, in 2011, and in 2010 1.03 billion rubles are actually mastered). In particular, 220 million rubles will spend for continuation of construction of the line 110 kV Ust Kut – Kirensk. Works on substations of Pivovarikh, Azeyskaya and Tulun will be continued. Besides, in IESK are going to start construction of systemically important substation of 220 kV East which will be located on the platform near the former car market in the suburb Working in Irkutsk. It will be merged into substation Irkutsk in Angarsk, it is for this purpose supposed to build the new high-voltage line of 220 kV between two cities. From East two lines of 110 kV will also be laid that will allow to provide power supply for development of the adjacent territory in Irkutsk and gardenings with country cooperatives along the Baikal path. Costs for construction of the power transmission line, construction of one substation and reconstruction another are estimated at 2 billion rubles. Start of all object is planned for 2015.^[1].

Financial Performance

Types of activity

Core activities

• Transfer and electric power distribution;

• Transit electric power transmission;

• Ensuring operation and service of a utilities equipment, modernization and reconstruction of power objects;

• Technical diagnostics of electric equipment.

Main types of products

• Services in transfer of electrical energy;

• Joining of consumers to networks of IESK LLC;

• Other types of activity.

Structure and structure of governing bodies

Board of Directors

• Azbukin Vladimir Mikhaylovich is the Assistant administrator of Federal Service for Environmental, Technological and Nuclear Supervision (Rostekhnadzor).
• Kuimov Efim Sergeyevich is the Chief of economic management of JSC Irkutskenergo.
• Martynenko Alexander Vladimirovich - the Deputy finance director – the financial controller of JSC EuroSibEnergo.
• Ozherelyev Alexey Aleksandrovich is the Deputy chief of department – the head of department of JSC FGC UES.
• Sergeyev Alexander Yuryevich is the Managing director of En + Management LLC.
• Hardikov Mikhail Yuryevich is the Director of investor relations of JSC EuroSibEnergo.
• Yugov Alexander Sergeyevich is the Deputy head of department of Rosimushchestvo.

Board

• Karatayev Boris Nikolaevich is a Chairman of the board.
• Bakotina Tatyana Ivanovna is the Chief accountant.
• Martynov Alexander Nikolaevich is the Director of electric power transmission - the chief engineer.
• Silin Valery Gavrilovich is a Security director and to the mode.
• Hvostov Alexey Yuryevich is a Director of economics and finance.

Notes