Investment Activities

Investments are the basis of a reliable power supply and the most important component of the Company’s business efficiency.

The Company’s investment programs are drawn up in accordance with the schemes and programs for the future development of the electric power industry of the Krasnodar Territory and the Republic of Adygea, the technical condition of the electrical networks, and available sources of funding, formed on the basis of tariff and balance decisions.

The approval and control of the implementation of investment programs of Kubanenergo PJSC is carried out by the Ministry of Energy of Russia.

In the reporting year, the Company’s investment activity was conducted in accordance with the investment program approved by the Ministry of Energy of Russia by order No. 18 dated 10.12.2018 "Concerning the approval of changes to the investment program of Kubanenergo PJSC, approved by order of the Ministry of Energy of Russia of December 1, 2017 No. 21."