According to its 2015 results, the TNS energo Group of Companies fulfilled its current obligations to grid operators and the wholesale market

In doing so, the accounts receivable of the consumers of the Group’s energy retail companies increased by 19.6% (by RUB 5.4 billion) compared with 2014 and, according to the results of 2015, amounted to nearly RUB 32.9 billion. The largest growth of indebtedness took place among the consumers of the ’Housing and Utilities’ sector and the ’Population and Consumers Considered Equal Thereto’ category (more than RUB 2.2 billion). 

Despite the growth in the accounts receivable, the TNS energo Group of Companies continues to perform its obligations to power consumers, partners and contractors in a timely manner and in full, thus ensuring power supply stability in the regions where it operates. 

According to the results for 2015, PJSC TNS energo Voronezh, LLC TNS energo Penza, JSC TNS energo Karelia, and PJSC TNS energo Rostov-on-Don (with the exclusion of a restructured debt, the payment of which is being made in accordance with a schedule) have repaid their indebtedness to the grid operators in full.

The indebtedness to grid operators of the following was also reduced: PJSC TNS energo Mari El (by 10.9%), OJSC Kubanenergosbyt (by 14.8%), and that of PJSC TNS energo Yaroslavl (by 9%). The indebtedness of JSC TNS energo Tula has been reduced by almost a factor of four (by 73.7% – by 3.8 times). 

Vladimir Fedotov, the Director for Cooperation with grid operators for the PJSC TNS energo Group of Companies, noted: ’We aim for constructive cooperation with the grid-provider organisations, since only by using the mutual efforts of all the market participants we can solve the problem of non-payments in the industry. That’s why the PJSC TNS energo Group of Companies has proposed creating a working group, including the guaranteeing suppliers and grid operators, with the aim of increasing payment discipline among our consumers’. 

Company Profile:

The PJSC TNS energo Group of Companies is a member of the energy wholesale market and also manages 10 guaranteeing suppliers, servicing more than 19 million consumers across 11 regions of the Russian Federation: PJSC TNS energo Voronezh (Voronezh region), JSC TNS energo Karelia (Republic of Karelia), OJSC Kubanenergosbyt (Krasnodar region and the Republic of Adygea), PJSC TNS energo Mari El (Republic of Mari El), PJSC TNS energo NN (Nizhny Novgorod region), JSC TNS energo Tula (Tula region), PJSC TNS energo Rostov-on-Don (Rostov region), PJSC TNS energo Yaroslavl (Yaroslavl region), LLC TNS energo Veliky Novgorod (Veliky Novgorod region) and LLC TNS energo Penza (Penza region).