Receipt of funds for grid connection contracts

History

There were 22,890 contracts concluded in 2011 for total capacity of 1,778 MW and with a value of 10,779 million rubles excluding VAT, including:

  • 3,502 contracts in Moscow for 965 MW with a value of 7,826 million rubles excluding VAT;
  • 19,338 contracts in the Moscow Region for total capacity of 813 MW and with a value of 2,954 million rubles excluding VAT.

Compared to the previous period, the value of the contracts concluded decreased by 41% due to changes in the tariff policy and a considerable reduction in the tariff both in Moscow and the Moscow Region.

The receipt of funds for grid connection contracts totaled 11,721 million rubles excluding VAT in 2011, up 17% from 2010. This growth is attributable to the receipt of funds for contracts concluded in previous periods as well as work to demand overdue debt from consumers under grid connection contracts. As a result of the measures taken, the Company managed to reduce overdue debt by 24% as of the end of 2011 compared to the start of 2011.

The receipt of funds for grid connection contracts totaled 8,134 million rubles excluding VAT in Moscow and 3,587 million rubles excluding VAT in the Moscow Region.

In 2011, the business plan for all key performance indicators with respect to the Company’s grid connections was fulfilled, including by 114% for revenue and 124% for receipt of funds.

« The RECEIPT OF FUNDS FOR GRID CONNECTION CONTRACTS TOTALED 11,721 MILLION RUBLES EXCLUDING VAT IN 2011, UP 17% FROM 2010 »

Information on the structure of demand for grid connections according to capacity by applicant category, %

Indicator 2009 2010 2011
  Moscow Moscow Region Total for Company Moscow Moscow Region Total for Company Moscow Moscow Region Total for Company
up to 15 kW, total 1.83 6.74 4.61 1.27 11.79 5.62 2 10 6
including individuals 26.54 91.29 80.16 26.32 94.81 85.71 21.05 92.37 82.92
15-100 kW, total 2.39 3.16 2.83 1.70 2.05 1.85 3.16 2.19 2.68
including subsidized categoriesи 14.04 36.15 28.04 8.82 50.10 27.76 0.59 20.30 8.59
100-750 kW 8.64 12.21 10.66 4.72 11.87 7.68 9.61 13.03 11.30
over 750 kW 87.14 77.88 81.90 92.30 74.29 84.86 85.73 74.79 80.30
Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00