Federal Grid Company is a Russian energy company that provides electricity transmission services through the Unified National Electric Grid. The Company is a natural monopolist in the sector.
The Company is included in a list of systemically important organisations of strategic importance to Russia.
The Company is the number one publicly traded global electricity transmission company based on the length of transmission lines (more than 142 thousand kilometers) and transformer capacity (over 345 GVA).
Federal Grid Company’s unique infrastructure is a backbone of the Russian economy. Our units are located in 77 regions of the Russian Federation, spanning a total area of 15.1 mln sq. kilometers.
We have more than 21 thousand employees.
The largest part of our revenues is generated via tariffs for electricity transmission, approved by the Federal Antimonopoly Service of the Russian Federation (FAS Russia) based on RAB-regulation. Our main consumers are regional distribution companies, retail electricity supply companies and large industrial enterprises.
Significant growth prospects are based on a large-scale investment program, as well as on our management team’s commitment to innovation and modernization.
Key Activities of Federal Grid Company:
- Managing the UNEG;
- Providing electricity transmission services and connecting WECM participants to the electricity grid;
- Investment activities in the UNEG development;
- Engaging in the UNEG technical supervision of the UNEG grid facilities.
Key Physical Indicators:
|Total transmission grid length, thousand km*||135.1
|Number of substations, units*||919
|Electricity transmitted from the UNEG, bn kWh||520
|Net proceeds from sale of goods, products and services, mln RUB**||155,352
|Profit (loss) before tax, mln RUB**||(17,672)
|Net profit (loss), mln RUB**||(25,898)
|Net assets, mln RUB**