Company Profile
JSC “Moscow United Electric Grid Company” is a specialized grid entity, the main activity of which is rendering of electricity transmission services in the city of Moscow and the Moscow Area for consideration through implementation of a complex of the organizationally and technologically associated actions, which ensure transmission of electricity through the engineering devices of the own electric grids.
JSC “MOESK” accepts electric power in its grid from generating companies – the entities of the wholesale and retail markets, from the grid of the Uniform National (All-Russian) Electric Grid (UNEG) and from the grids located in the adjacent constituent entities of the Russian Federation, and uses its own grids to transmit electric power to the end users connected to the grids of JSC “MOESK”, adjacent grids (municipal unitary enterprises (MUE), wholesale consumers –resellers (WCR), territorial grid entities (TGE)). The Moscow Region is one of the most dynamically developing regions in Russia. Housing construction is conducted actively, industrial production is growing, and infrastructure is being developed. The Company implements the program of capital construction of new energy facilities and modernization, reconstruction and repairing of the operating ones in order to maintain the effective and reliable supply of electricity to consumers.
JSC “MOESK” implements the Investment Program. For2007-2011, JSC “MOESK” plans to construct and reconstruct tens of energy facilities in the territory of the Moscow Region. JSC “MOESK” uses the following sources of financing - own money, bond issuance, leasing, payment for technological connection.
According to the resolution of IDGC Holding, OJSC, the official transfer of the function of independent formation of the volume of rendered electricity transmission services from LLC “Energobalans-Stolitsa” and LLC “Energobalans-Moskva” to JSC “MOESK” took place in August of 2009.
JSC “MOESK” is referred to the natural monopoly kind of activity which will preserve the state support and control.
JSC “MOESK” attends the consumers of Moscow and the territory of the Moscow Area. The main kinds of activity are rendering of services of electricity transportation to consumers and technological connection to electric grids.
The activity of JSC “MOESK” is aimed to improve reliability of supply of electricity to consumers, increase transmission capacity of grids, modernize power lines, eliminate deficiency of power in the Moscow Region in conditions of the expected growth of electricity consumption, and reduce costs.
The attendance territory equals 47 thousand sq. km with the population of around 17 million people.
The energy facilities of the Company include 607 high-voltage feeding centersof35/110/220 kV and total power of 43,713 MVA, 15,590 km of 35-220 kV power lines;1,408 km of high-voltage cable lines, 121,145 thousand km of distribution electric grids, morethan 30,800 switchgears and transformer substations. The main shareholders of JSC “MOESK” include IDGC Holding, OJSC (51%), the Group of Companies “Gazprom” (31%) and the Group of Companies of the Moscow Government (8%); the number of the shares in free float exceeds 8%. The number of the personnel is 15,755 people.
