Settlements for electricity transmission services

In order to reduce accounts receivable, the Company takes the following measures:

  • Claim‑related work is ongoing, including the collection of penalties for untimely payments
  • Reciprocal liabilities are offset
  • Restricted energy delivery regime is introduced, including upon requests from electricity retailers
  • Dispute resolutions are handled through pre‑trial and court proceedings

At year‑end 2024, accounts receivable for electricity transmission services rose by RUB 0.1 billion and amounted to RUB 6.5 billion as at 31 December 2024.

The accounts receivable for electricity transmission services was driven up higher current debt at the end of the period as a result of the increase in revenue from electricity transmission services.

The rate of payment for electricity transmission services in 2024 fell by 2.0 p.p. year‑on‑year, as some customers failed to pay for the services they received.

The Company maintains a high level of settlements with TGOs for electric power transmission services by offsetting homogeneous counterclaims.

Changes in the rate of cash collection for electricity transmission services in 2021–2023 (%)
Changes in the level of settlements with grid organisations for 2022–2024 (%)