Settlements for electricity transmission services
In order to reduce accounts receivable, the Company takes the following measures:
- Claim‑related work is underway, including the collection of penalties for untimely payments
- Reciprocal liabilities are offset
- Restricted energy delivery regime is introduced, including upon requests from electricity retailers
- Dispute resolutions are handled through pre‑trial and court proceedings
At year‑end 2023, receivables for electricity transmission services decreased by RUB 1.3 billion to RUB 6.4 billion as of 31 December 2023.
The decrease in accounts receivable for electricity transmission services was achieved through advance payments made by counterparties, as well as through debt reduction measures.
The level of payment for electricity transmission services in 2023 increased by 2.2 p.p. compared to 2022 due to the measures taken to improve the payment discipline of counterparties, as well as advance payments made by counterparties in December 2023.
The Company maintains a high level of settlements with territorial grid organisations for electric power transmission services by offsetting homogeneous counterclaims.