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Investegate |Federal Grid Company Announcements | Federal Grid Company: FGC announces 2020 RAS financial results


(31.3)
The performance indicators of Federal Grid Company for 2020 reflect the management s efforts aimed at ensuring financial stability and enhancing the Company s performance in the adverse economic environment amid the developing COVID-2019 pandemic.
The Company s revenue in 2020 decreased by RUB 12,108 million, or 5% year-on-year. Regarding the main activities:
 
- revenue from electricity transmission services decreased by RUB 735 million or by 0.3%, driven by:
 
·
reduction in revenue from compensation of electricity losses by RUB 3,326 million (by 8.3%) due to lower regulatory electricity losses submitted under transmission service agreements as a result of a drop in demand for electricity consumption;
·
increase in revenue from power supply by RUB 2,591 million (by 1.4%) due to an increase in the tariff from July 01, 2019, and from July 01, 2020, taking into accou ....

National Electric Grid , Moscow Exchange , Grid Company , Federal Grid Company , Unified Energy System , Unified National Electric Grid , Russian Accounting Standards , Accounting Regulations , General Meeting , Extraordinary General Meeting , Financial Information , Statements Under , Investegate Announcements , Investegate Company Announcements , Regulatory News Service , Regulatory News Service And , தேசிய மின்சார கட்டம் , மாஸ்கோ பரிமாற்றம் , கட்டம் நிறுவனம் , கூட்டாட்சியின் கட்டம் நிறுவனம் , ஒருங்கிணைந்த ஆற்றல் அமைப்பு , ஒருங்கிணைந்த தேசிய மின்சார கட்டம் , ரஷ்ய கணக்குவைப்பு முறை தரநிலைகள் , கணக்குவைப்பு முறை ஒழுங்குமுறைகள் , ஜநரல் சந்தித்தல் , அசாதாரண ஜநரல் சந்தித்தல் ,