Key Events 2011
January 2011
| All branches switched to RAB based tariff regulation |
| Establishment of OJSC Energy Service Company as a wholly owned subsidiary of IDGC of Centre |
| Corporate governance rating upgraded to NCGR Level 7+ (Advanced Corporate Governance Practice) by the Russian Institute of Directors and Expert Rating Agency) |
March 2011
| Reopening of Pochepskaya substation (110/35/10 kV, Bryansk Region) after modernization work |
April 2011
| Commissioning of Rodniki substationSubstation, electric installation designed to convert and distribute electric power in Kursk (110/10 kV), built at cost of RUB 200 mn |
| Renovation work on the 110 kV Kotelnaya substation and 110 kV outgoing overhead lines is completed. Launch of power distribution to the grid from the a combined-cycle boiler facility in the North-Western Microdistrict of Kursk |
May 2011
| The Company was the first IDGC to publish consolidated IFRS financial statements for 2010 |
| Company management takes part in the 2nd VTB Capital Investment Forum, ‘RUSSIA CALLING’ (London Session) |
June–July 2011
| Annual General Meeting of Shareholders |
| Consolidated IFRS statements for H1 2011 published |
| Conclusion of trilateral agreement between Siemens, IDGC of Centre and the Voronezh Regional Administration raising efficiency of power supplies, development of scientific and technical potential, and joint realization of innovative projects in Voronezh Region |
August 2011
| The Company meets its obligations for payment of 2010 dividends |
| Company shares begin to trade in the MICEX A list (Level 2) |
| The Board of Directors approved an Innovative Development Program up to 2016 |
October 2011
| IDGC of Centre is certified ready for winter |
December 2011
| The Company’s individual credit rating is confirmed at AA- (very strong capacity to meet financial commitments; Level 3), with positive outlook |
| The Board of Directors approves the business plan, investment program and key performance targets for 2012 |