Investment activities

The investment programmes of Rosseti Kuban are drafted in line with the prospective development roadmaps for national electric power industry, technical condition of power grids and available financing sources generated from the tariff‑and‑balance solutions.

VIKTOR KORZHANEVSKIY
In 2023, the Company commissioned 606 MVA of transformer capacities and 1,052 km of power transmission lines within the framework of investment activities.In 2023, the renovation of seven priority facilities was completed. The work was done in compliance with the directives of the Government of the Russian Federation in order to create an affordable energy infrastructure for power supply to industrial and investment sites in the Republic of Adygeya and the Krasnodar Territory.

VIKTOR KORZHANEVSKIY Deputy General Director for Investment Activities

Approval and control over the implementation of the Company’s investment programmes are with the remit of the Ministry of Energy of Russia.

In the reporting year, investment activities of Rosseti Kuban, PJSC were pursued in line with the Investment Programme for 2023 approved by Order No. 5@ of the Ministry of Energy of Russia dated 16 November 2023.