efficiency in 2015 versus 2012
As a result of using methods of planning the reduction of investment costs by 30% compared to 2012 (pursuant to the Strategy for the Russian Power Grid Complex development approved by Decree No
The amount of the capital investment by IDGC of Centre in 2015 totaled RUB 12,973 mln. All the measures taken under the investment programme were in line with the planned indicators and requirements approved by the authorities of the regions where the Company operates.
In 2015, the Company commissioned 4,785 km of power lines and 1,228 MVA of transformer capacity. There was a significant increase in capacity due to accepting and purchasing the assets of other companies — 6.7 k km and 1.7 k MVA, including the assets of its subsidiary — Yargorelectroset OJSC (3,976 km and 1,174 MVA).
Period | Capital investment (VAT excl) | Commissioning of fixed assets (VAT excl) | Financing (incl. VAT) | Commissioning of capacity | Capacity increase | ||
---|---|---|---|---|---|---|---|
RUB mln | km | MVA | km | MVA | |||
2013 | 14,425 | 15,951 | 17,622 | 5,689 | 1,362 | 3,112 | 891 |
2014 | 12,177 | 12,913 | 14,245 | 5,110 | 1,107 | 2,560 | 602 |
2015 | 12,973 | 12,758 | 15,184 | 4,785 | 1,228 | 6,728 | 1,739 |
The amount of capital investment financing in 2015 totalled RUB 15,184 mln (VAT included) and was used for the following measures:
In 2015, capital investments amounted to RUB 12,973 mln and were used for the following measures:
There were significant changes in the structure of capital investment in 2015.
Investments into new construction and extension took the largest share in the investment programme in 2015, and there was an increase up to 54% of total investment (compared to 44% in 2014) due to the necessity of new grid connections and grid infrastructure development in limited financial conditions.
Investments into retrofitting and upgrading decreased to 45% (compared to 56% in 2014) due to optimisation of the retrofitting and upgrading programme and measures to control construction and retrofitting expenses.
Investment in financing in 2015 amounted to RUB 15,184 mln, an increase by 6.6% compared to 2014. This increase was due to increase in grid connection financing.
Areas of funding | 2015 | 2014 | 2013 |
---|---|---|---|
Total | 15,184 | 14,245 | 17,622 |
Priority projects | 125 | 295 | 756 |
retrofitting and upgrading | 56 | 126 | 279 |
new construction | 68 | 169 | 477 |
Top priority programmes | — | — | — |
retrofitting and upgrading | — | — | — |
new construction | — | — | — |
Programmes | 2,092 | 2,391 | 2,878 |
retrofitting and upgrading | 1,805 | 2,384 | 2,848 |
new construction | 287 | 6 | 30 |
Grid connection, including | 9,436 | 6,693 | 9,310 |
Grid connection sites with capacity of over 750 kW (НV, MV1) | 1,650 | 610 | 1,037 |
Grid connection sites with capacity of 100 — 750 kW (MV2) | 1,070 | 1,567 | 3,214 |
Grid connection sites with capacity of 15 — 100 kW | 1,741 | 1,976 | 1,978 |
Grid connection sites with capacity of up to 15 kW | 4,976 | 2,541 | 3,080 |
Generation | — | — | — |
Distribution grids | 2,162 | 2,687 | 2,126 |
retrofitting and upgrading | 1,412 | 2,575 | 2,066 |
new construction | 749 | 113 | 60 |
Automation of technological control (excl. automatic system for commercial measurement of electricity consumption) | 336 | 561 | 1,040 |
Electricity measurement instruments | 72 | 306 | 350 |
Safety programmes | 47 | 112 | 91 |
Acquisition of grids, land plots and other facilities | 110 | 8 | 12 |
Other programmes and measures | 804 | 1,191 | 1,060 |
For reference: | |||
retrofitting and upgrading | 6,840 | 7,914 | 8,733 |
new construction | 8,209 | 6,282 | 8,802 |
Other | 135 | 49 | 88 |
Information on performance at priority facilities in 2015 is shown in Appendix to this Annual Report.
In 2015, IDGC of Centre did not implement projects financed by the Federal budget.
The measures taken by IDGC of Centre in 2015 under the investment programme had the following results:
As a result of using methods of planning the reduction of investment costs by 30% compared to 2012 (pursuant to the Strategy for the Russian Power Grid Complex development approved by Decree No
Number of contracts | |
|
Deviation — actual/plan | |
---|---|---|---|---|
abs. | % | |||
Number of contracts executed and grid connection certificates signed | 48,069 | 63,302 | 15,233 | 24 |
Applicants for maximum capacity of up to 15 kW included (with previously connected power installations) | 46,078 | 60,983 | 14,905 | 24 |
Capacity volume (executed contracts, grid connection certificates signed), MW | 1,054 | 1,137 | 82 | 7 |
Applicants for maximum capacity of up to 15 kW included (with previously connected power installations), MW | 472 | 644 | 172 | 27 |
To perform the activities of power input was provided on grid connection.
Parameter | |
|
Deviation — actual/plan | |
---|---|---|---|---|
abs. | % | |||
Total for grid connection, km | 2,972 | 3,575 | 603 | 17 |
Applicants for maximum capacity of up to 15 kW included, km | 2,040 | 2,685 | 645 | 24 |
Total for grid connection, MVA | 765 | 851 | 85 | 10 |
Applicants for maximum capacity of up to 15 kW included, MVA | 170 | 209 | 39 | 19 |
In 2015, pursuant to the energy saving and efficiency improving programme, the Company reduced electricity losses by 164.6 mln kWh (vs. plan — 118.44 mln kWh). The loss reduction under the investment programme was as follows:
The actual capacity utilisation in 2015 was 36% vs. 31% of the plan.
As of December 31, 2015 the depreciation of the Company’s facilities was 73.2%.
The number of breakdowns reduced by 19.5% in 2015 compared to 2014. The breakdown rate per unit decreased by 21.8% and was 9.7 breakdowns per 1000 equipment units.
For more details see Development of strategic priorities.
The Company’s long-term investment programme has been designed taking into account the Company’s current production goals, objectives and development plans, and the regions in which it operates. The programme is also based on investment programmes of the Company’s branches approved by the regional executive bodies of the Russian Federation territorial entities.
The planned capital investment under the
The development of the long-term programme of the Company involved scenarios of power industry development up to 2030Approved by Decree No.