Role and Business Position of the Company
The Company is one of the world’s largest electric grid companies in terms of the number of customers and the length of power lines of 110 kV and under. It is one of the most significant infrastructure companies in Russia. The operational area of MRSK Holding covers a network of 10 voltage categories, ranging from 0.4 kV to 220 kV. The total length of the Company’s operating subsidiaries is approximately 2.1 million kilometers.
The Company has a key position in the electric power industry: shares in the Company have proved to be an efficient instrument for investment, ensuring the payback, reliability, return, and liquidity of invested capital; for its customers, the Company is a high-quality and reliable electricity supply. For the regions and local government bodies not only is it a bona fide taxpayer and employer but also a reliable partner of Russian regional executive authorities in planning and carrying out regional development programs. For its staff, the Company is an efficiently organized firm with a transparent and comprehensible corporate governance system.
TABLE 1. KEY OPERATING INDICATORS OF MRSK HOLDING’S ELECTRIC GRID COMPANIES
| Indicator | Value | % of Russian Market |
|---|---|---|
| Serviced territory | 7,761,000 square kilometers | 45 |
| Population of the serviced geographical area | 123,871,000 people | 85 |
| Length of power lines | 2,104,400 kilometers | 70 |
| Number of substations | 456,673 units | – |
| Transformer capacity of substations | 403,700 MVA | 50 |
| Number of employees | 188,800 people | –
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