In 2014, in order to protect its property interests, Lenenergo launched a pilot project for the establishment of protected zones of electric grid facilities with data entry in the State cadastre of real estate in accordance with the RF Government Decree of 24.02.2009, #160 About the Procedure of Establishment of Protected Zones of Electric Grid Facilities and Special Conditions of Use of Land Plots Located Within Such Zones.
At the end of 2014, we completed 99% of the volume of works on establishment of protected zones of 35-110 kV overhead lines, as well as including a substantial amount of information in the State cadastre of real estate on the boundaries of protected zones of 0.4-10 kV overhead lines (1.023.12 km), 10 kV substations (456 units) and 35-110 kV substations (162 units).
By the end of 2014, as a result of the policy of asset management, the Company’s revenue from the sale of non-core assets and delivery of objects in rent was up 20% compared to 2013 and amounted to RUB 145 mln. Measures for the sale of non-core assets and optimization of the use of the property complex of the Company will be continued in 2015.
One of the key objectives is to reduce operating expenses, including the cost of property rent. Within this, negotiations were held with key lessors of Lenenergo and proposals on revision of essential conditions of lease contracts in respect of reduction of existing rent rates, cancellation of indexation, changes in the terms of payment and set-off of deposits (advance payments) were sent. Some of the contractors have agreed to the proposed changes and additional agreements were concluded. In 2015, it is planned to implement measures aimed at optimizing the placement of personnel in rented and own office premises that will allow you to reclaim a portion of the rented premises and to reduce the cost of rent. Refusal to rent of buildings/premises at high rent rates and placement of staff in the premises at lower rates will also reduce the rental costs.
Among the priorities for 2015 and subsequent years for Lenenergo is the consolidation of power grid assets within implementation of the development Strategy of the electric grid complex of the Russian Federation approved by the RF Government. In the framework of consolidation of electric grid assets for the period from 2011 to 2014 over 378 km of overhead and cable power transmission lines, substations of various voltage classes for the total installed capacity of more than 412 MVA were purchased in the property and acquired in temporary use.