Annual report 2010

JSC IDGC Holding. Annual Report 2010Future Development of the Electric Grid SectorResolution of the Government of the RussianFederation No. 823 of October 17, 2009, specifiesthat the models and programs of development ofparticipants in the electricity industry of theRussian Federation are developed by the executivebodies of the constituent entities of the RussianFederation involving the system operator and gridorganizations for a 5-year term and are adjustedfor the model and program of development of theUPS of Russia. The models and programs of developmentof the electricity industry of regions areapproved annually before May 1 by the executivebodies of the constituent entities of the RussianFederation.In 2010, 48 out of 69 constituent entities of theRussian Federation in which IDGC Holding operatesdeveloped the models and programs of futuredevelopment. 42 constituent entities approvedtheir respective models and programs.The management of JSC IDGC Holding works toimplement its policy in the field of shaping themodels and programs of future development of theelectricity industry. Given the results of workaimed at shaping the models and programs offuture development of the electricity industry performedin 2010 by the executive bodies of constituententities of the Russian Federation and thefact that pursuant to the Resolution the modelsand programs of future development of the electricityindustry form the basis for developing thelong-term investment program of electric gridcompanies, JSC IDGC Holding prepared proposalsfor amending the Resolution and submitting proposalsto the executive bodies of the constituententities of the Russian Federation for the purposesof organizing work in 2011.130