MISSION AND STRATEGIC PRIORITIES
The mission of PJSC Rosseti South is to ensure reliable and high-quality electricity supply for the growing needs of the economy and the social sector at economically justified charges for services provided to consumers.
DEVELOPMENT STRATEGY
PJSC Rosseti South is focused on implementing the tasks stipulated by a number of backbone strategic planning documents, such as the social and economic development strategy, the strategic forecast of the Russian Federation, and other state strategic planning documents in the electric power industry.
The Rosseti Group’s development strategy attaches special importance to the transition to a business model of modern innovation infrastructure. Promoting the further upgrade of efficiency of current activities in order to develop the sector and ensuring reliability, quality and accessibility of infrastructure in the new digital environment are among the main strategic priorities. The main focus is on maintaining a balance of interests of all parties, including the state, consumers, shareholders, investors, as well as the development of new business areas.
It is planned to achieve the stated goals through the main strategic lines:
- technological and innovative development
- digital transformation
- business diversification
- improvement of operational and investment efficiency
- promotion of legislative initiatives
- development of global operations and human resources potential, etc.
At year-end 2023, the following results were achieved:
The Company seeks to increase its investment attractiveness through efficient and effective operations, improve information transparency and maximise the market value of its securities.
The development plans of the Company are based on the Development Strategy for the Power Grid Complex of the Russian Federation, approved by Order of the Government of the Russian Federation No. 511-r dated 3 April 2013.
DEVELOPMENT PROSPECTS IN THE REGIONS OF OPERATIONS
To realise the strategic goals, the Company’s activities in 2024 will be aimed at solving the following tasks:
- Customer-oriented policy and higher availability of the power grid infrastructure
- Coordination of the procedure for concluding and following-up agreements between the administrations of constituent entities of the Russian Federation within the area of responsibility of the Company and PJSC Rosseti
- Assessment of grids expansion topology and forecasting of the power and electricity demand
- Efficient planning of the power grid expansion through the lens of the socio-economic trending and alternations in land use planning of regions
- Renovation and retrofitting of the power industry facilities
- New construction of power grid facilities
- Energy efficiency and energy saving