Role and mission of JSC IDGC Holding

JSC IDGC Holding is currently one of the world’s largest electric grid companies in terms of the number of customers and the length of networks with voltages of up to 110 kV. JSC IDGC Holding is also one of the most important infrastructural companies in Russia, is controlled by the Government, and acts as the Government’s agent to manage the Russian electricity distribution grid sector.

The role and mission of JSC IDGC Holding are related to major market participants’ expectations of the Company:
  • For the investor community, JSC IDGC Holding is an effective instrument for investment, ensuring the payback, reliability, return, and liquidity of invested capital;
  • For its customers, JSC IDGC Holding is a company striving to provide services of high quality: a high-grade and reliable electricity supply and timely and transparent electricity network connection at affordable prices;
  • For JSC FGC UES, JSC IDGC Holding is a reliable partner ensuring the coordinated development of the country’s electric grid sector and implementing a uniform technical policy;
  • For the regions and local government authorities, JSC IDGC Holding works to satisfy the economy’s demand for distribution capacity, acts as a reliable partner of Russian regional executive authorities in planning and carrying out regional development programs, and is a bona fide taxpayer and employer;
  • For its staff, JSC IDGC Holding is an efficiently organized company that has a transparent and comprehensible corporate governance system and offers opportunities for personnel to realize their full potential.
As the sector’s mainstay, JSC IDGC Holding should achieve industry-wide goals as part of the activities of its subsidiaries, establish future operation standards for all of the sector’s companies, and ensure that optimum mechanisms are created and promoted in relation to the industry’s regulation.

Therefore, the mission of JSC IDGC Holding is to be the leader in developing the management system of the distribution grid sector and secure a reliable and high-quality electric power supply satisfying the growing demand of the Russian economy and social sector at service prices affordable for customers.
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