Board of Directors of “Quadra – Power Generation” Approves AGMS agenda and recommends that shareholders approve credit transactions to finance CSA construction
The Board of Directors of PJSC “Quadra - Power Generation”, at its regular meeting on 23 May, approved the following agenda of the Annual General Meeting of Shareholders (AGMS) of the Company following the year 2015
Company “Quadra - Power Generation” More than Doubles Funding for Development of Thermal Power Sector Projects in Smolensk Region>>
In 2016, the company “Quadra - Power Generation” will assign over RUR 194 mn for repairs and retooling of heating grids in Smolensk. This amount exceeds the last year’s costs more than twice (in 2015, RUR 87 mn were spent on these purposes), and this amount is a record-setting one for all the years of the energy company’s operations in the Smolensk Region. This was reported by Andrey Kulaev, managing director of the Smolensk branch of PJSC “Quadra - Power Generation” at a meeting of the permanent commission of the Smolensk City Council for Urban Facilities.
PJSC “Quadra - Power Generation” and the Belgorod Region Government signed the Cooperation Agreement aimed to develop the thermal energy sector. The document was signed by Evgeny Dod, Chairman of the company's Board of Directors and Evgeny Savchenko, Governor of the Belgorod Region. The exchange in the agreement signed copies took place in the course of the business meeting between Svetlana Nikonova, Deputy Director General for economy of PJSC “Quadra - Power Generation” and Yury Galdun, Deputy Governor of the Belgorod Region, Chief of the Housing Utilities Department.
In the near future, PJSC “Quadra - Power Generation” will enter into the next package of agreements with contractors and accelerate the process of building the gas steam unit (GSU) of 115 MW in capacity at the Alexin HPP in the Tula Region. This was reported by Yury Pimonov, Director General of PJSC “Quadra - Power Generation”, at the large operational center meeting dedicated to the new energy unit construction. The project for the Alexin HPP expansion is included in the company's Investment Program and is carried out in the framework of meeting the obligations under the Capacity Supply Agreements (CSAs).
Company “Quadra - Power Generation” Invests over RUR 360 mn in Retooling of its Energy Facilities in Lipetsk Region in 2016>>
The Lipetsk branch of PJSC “Quadra - Power Generation” will increase funding for the retooling and reconstruction projects (RR) in 2016. RUR 361.93 mn (without VAT) will be allocated for modernization of generating facilities and heat distribution complex in the Lipetsk Region. This is more than three times the indicator of the year 2015 (RUR 113.9 mn).