On Feb. 27, 2017 the Board of Directors has conducted an in-absentia Board meeting. In the course of the meeting directors have scrutinized and decided on the range of corporate issues.
The Company’s Board of Directors has decided to adopt a draft of the 2018-2022 investment program and alterations to be introduced to the Company’s 2016-2020 investment program, approved by Ministry of Energy Decree dated as of 22.12.2016 No.1385, subject to public hearings, pursuant to clause 7 of the Investment Program Adoption Rules (approved by Russian Government Decree dd. 01.12.2009 #977), following which the Board of Directors will reconsider the program with due regard to comments and available suggestions.
The program is prepared pursuant to regional development plans, network equipment health, importance of energy facilities and current economic environment.
To view the Board minutes, please, visit Section “Board of Directors”.