Regional Electricity Distribution Holding Company: A giant in Russia's power grid industry

IDGC Holding (full name: Interregional Distribution Grid Company) is an important power company in Russia. After merging with the Russian Federal Grid Company (FGC) in November 2012, it was renamed Rosseti. As a large-scale enterprise integrating transmission and distribution networks, Rosseti enjoys a high reputation worldwide and ranked 762nd in the 2014 Forbes Global 2000. This article will explore the history, business scope, operating model and impact of IDGC on the Russian and even global power industry.

Company Profile

IDGC Holding was founded in 2005 and is headquartered in Moscow. It was originally a holding company focused on distribution networks, responsible for managing power distribution in multiple regions of Russia. By integrating local power companies, IDGC Holding gradually expanded its business scope and influence. However, with the continuous reform and development of the power industry, the company merged with the Russian Federal Grid Company in 2012 to form the current Russian Grid Joint Stock Company (Rosseti).

Rosseti inherited the core business of IDGC Holding, which is the operation and maintenance of transmission and distribution networks. In addition, the new company has assumed more responsibilities, including promoting the modernization of power infrastructure, improving energy efficiency, and supporting the development of renewable energy. Today, Rosseti has become one of the largest power companies in Russia and one of the leading grid operators in the world.

Business Scope

Rosseti's business scope covers most of Russia, mainly focusing on the following aspects:

• Transmission network: Rosseti is responsible for operating and maintaining high-voltage transmission lines across Russia. These lines transmit electricity from power plants to substations in various regions, ensuring the security and stability of power supply.
• Distribution Network: The company also manages a large number of medium and low voltage distribution networks, directly providing electricity services to residential, corporate and industrial users. Through an efficient distribution system, Rosseti is able to meet the needs of different users.
• Technical support and services: Rosseti not only provides power transmission and distribution services, but also provides customers with a variety of technical support and value-added services, such as installation, maintenance and repair of power equipment.
• Renewable Energy Development: As the global demand for clean energy grows, Rosseti is actively involved in the development and implementation of renewable energy projects, committed to reducing carbon emissions and promoting sustainable development.

Operational Model

Rosseti's operating model is based on the principles of efficient management and technological innovation. The company uses modern management systems and technical means to ensure the reliability and security of electricity supply. The following are some key features of Rosseti's operating model:

• Regional management: Rosseti divides its business into several regional subsidiaries, each of which is responsible for power operation and maintenance in a specific area. This regional management model helps improve management efficiency and responsiveness.
• Digital transformation: The company is actively investing in digital technologies, such as smart grids, automated control systems, and data analytics platforms, which enable Rosseti to monitor and manage the power network more accurately.
• Customer orientation: Rosseti attaches great importance to customer needs and enhances customer satisfaction by improving service quality, optimizing billing systems and providing diversified power solutions.
• Environmental protection: During its operations, Rosseti always pays attention to environmental protection issues and strives to reduce the impact of electricity production on the environment.

Company achievements and honors

Rosseti has achieved many notable achievements since its founding, some of the key milestones include:

• Global 2000 Ranking: In the 2014 Forbes Global 2000 list, Rosseti ranked 762nd, highlighting its important position in the global power industry.
• Infrastructure Modernization Projects: Rosseti has successfully implemented a number of grid modernization projects, improving power delivery capacity and reliability.
• International cooperation: The company actively participates in cooperation and exchanges in the international power industry, and jointly researches and develops new technologies with power companies in other countries.

Future Outlook

With the changes in the global energy structure and the advancement of technology, Rosseti faces new opportunities and challenges. In order to cope with these changes, the company has formulated the following strategic goals:

• Promote digital transformation: Continue to increase investment in digital technology and build a more intelligent and automated power grid system.
• Promote the development of renewable energy: Accelerate the development and application of renewable energy projects and reduce dependence on traditional fossil fuels.
• Improve customer service experience: Further improve customer experience through innovative service models and convenient online platforms.
• Strengthen environmental protection measures: Implement more stringent environmental protection policies to reduce the impact of electricity production on the environment.

Official Website

Rosseti's official website is at www.rosseti.ru . By visiting this website, you can obtain detailed information about the company's latest developments, business information and investor relations.

Conclusion

As a leader in Russia's power grid industry, IDGC Holding has successfully transformed into Rosseti through continuous reform and innovation. With its wide range of business, advanced technology and excellent management level, Rosseti has occupied an important position in domestic and foreign markets. In the future, with the continuous development of the energy industry, Rosseti will continue to play its important role and make greater contributions to the power supply in Russia and even the world.