Long-term investment program

The long-term investment program of Kubanenergo PJSC is formed taking into account the current situation of the development of the Russian economy and the financial capabilities of Kubanenergo PJSC and by the scenario conditions for the formation of the Company's investment programs. Sources of financing of the investment program, considering current macroeconomic conditions for the activities of grid companies, and the approved tariff-balance decisions.

The Company's long-term investment program for the period 2017–2022, approved by the Ministry of Energy of Russia by Order No. 18, dated 10.12.2018 "On Approving Changes Made to the Investment Program of Kubanenergo PJSC, approved by Order No. 21, dated 01.12.2017, of the Ministry of Energy of Russia".

Parameters of the Company's long-term investment program for 2017–2022
2017 (facted) 2018 (facted) 2019 (planned) 2020 (planned) 2021 (planned) 2022 (planned)
Financing facilities, million rubles VAT included 8,943 8,076 5,246 6,033 4,800 5,300
Capital investment, million rubles without VAT 6,700 7,727 22,115 5,436 3,697 4,172
Entering fixed assets, mln rub. without VAT 4,441 3,911 22,162 5,499 4,198 4,344
Km 836 582 966 711 384 353
MegaVolt-Amper (MVA) 364 355 1,045 485 549 364

The main volume of investments planned in the long-term investment program of Kubanenergo PJSC for 2017–2022 will be directed to the new construction of electric grids.