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Electric power debt to wholesale suppliers reaches 24 billion rubles in North Caucasus

MOSCOW, December 18. /ITAR-TASS/. The overall electric power debt to the electricity wholesale suppliers in the North Caucasian Federal District increased by five billion roubles (about $152.1 million) to 24 billion roubles (about $730.2 million) over the past year, Russian Prime Minister Dmitry Medvedev said at a meeting of the governmental committee for socio-economic development in the North Caucasian Federal District on Wednesday.

“In general, the situation in the region remains hard and difficult as compared with the previous year. The overall debt of guaranteed supply companies to the suppliers on the electricity wholesale market has increased by five billion roubles to reach 24 billion roubles,” Medvedev added. So, “the debt is not reducing, but growing,” he said. “This is an outrage,” the prime minister stated.

Meanwhile, according to him, the current situation in the federal district is that “the mediating organisations go bankrupt deliberately not to pay for already supplied electric power.” “This is a crime either,” he noted.

Meanwhile, Medvedev noted that organisations in the whole federal district already pay for all power supplies thanks to the work of the especially created group dealing with non-payments. Meanwhile, the North Caucasian republics of Kabardino-Balkaria and Karachai-Cherkessia pay for all electric power supplies.