Russian Grids: Federal Grid Company and IDGC Holding

With the aim of increasing effectiveness and development of electric grid complex of the Russian Federation and coordination of works upon management of the complex, restraining the tariff growth for the end consumers of the electric energy on November 22, 2012 the President of the Russian Federation signed decree No. 1567 “On open joint-stock company “Russian grids”.

For realization of measures of the decree in Federal Grid Company was created a Coordination committee headed by the Chairman of the Management Board Oleg Mikhailovich Budargin.