In 2011 the Company concluded 20 098 contracts for technological connection to Kubanenergo electricity grids (taking into account generating facilities) with a total capacity of 399.9 megawatts and a total costs of 557.2 million rubles not including VAT.
Revenue from technological connection services for 2011 totalled 1 085.8 million rubles, which was 11% higher than the planned level. The main reason for the overachievement of the target was earlier than anticipated readiness of consumers’ energy receiving installations for connection.
The volume of monetary resources received in 2011 totalled 1 129.5 million rubles not including VAT, or 14% of the planned figure, which was made possible by early execution by consumers of their contractual obligations and collection of receivables.
Connected capacity rose in comparison to 2010 by 108.5% and totalled 310.47 megawatts (39% higher than the planned level) in the accounting year.
In 2012 a reduction in revenue from technological connect compared to 2011 is expected due to a decrease in the number of applicants and the existence of capacity limitations in available power plants.