Reliability Committee
In accordance with the Regulations on the Reliability Committee, the number of members in the Committee is determined by the Board of Directors of the Company in an amount not less than
three and not more than seven members. By the resolution of the Board of Directors of July 18, 2014 (Minutes No.160/2), the number of members in the Reliability Committee of the Board of Directors of JSC IDGC of the North-West is defined in the amount of seven people.
Until December 30, 2014, the Reliability Committee was headed by Non-executive Director, Sergey A. Petrov, Head of Department for the Operation of Electrical Equipment, Production Assets Management Department of JSC Russian Grids.
On December 30, 2014, the Board of Directors decided to terminate the powers of three members of the Committee and elect the Chairman of the Reliability Committee. In accordance with the resolution of the Board of Directors, the current members of the Reliability Committee are headed by Non-executive Director, Sergey Kataev, Director of Production Assets Management Department of JSC Russian Grids.
In 2014, at the meeting of August 22, 2014 (Minutes No.163/5), the Board of Directors approved a new version of the Regulations on the Reliability Committee of the Board of Directors of JSC IDGC of the North-West. Before that, the activities of the Reliability Committee were regulated by the Regulations on the Committee approved by the Board of Directors on December 28, 2005 (Minutes No.8).
In 2014, the Reliability Committee held 9 meetings, including one meeting in person, and discussed the following essential issues and decisions:
- Under the Company’s investment program for 2014 and the period up to 2019,
in respect of overall reliability (resolution of March 10, 2014, Minutes No.6), and the report on the implementation of the Company’s investment program in respect of overall reliability (resolution of June 02, 2014, Minutes No.8; resolution of June 23, 2014, Minutes No.9; resolution of September 12, 2014, Minutes No. 2; resolution of May 12, 2014, Minutes No.4); quarterly reports on the execution of the Company’s repair program in 2014 (resolution of February 13, 2014, Minutes No.5; resolution of June 02, 2014, Minutes No.8; resolution of September 12, 2014, Minutes No.2) and project of the Company’s repair program for 2015 (resolution of October 23, 2014, Minutes No.3);
- Analyze fulfillment of contractual and economic mechanisms for reliability management; report on ensuring by the Company the established level of service reliability in accordance with normative legal acts for 2013 (resolution of February 13, 2014, Minutes No. 5), planned values of reliability indicators for services provided by branches of JSC IDGC of the North-West in 2014-2018 (resolution of March 31, 2014, Minutes No.7), organization of a data accounting system to calculate the reliability indicators P SAIDI, P SAIFI, JSC IDGC of the North-West (resolution of August 01, 2014, Minutes No.1).
- In respect of the analysis of production activities, the Committee reviewed results of work of JSC IDGC of the North-West in the autumn-winter period of 2013-2014 (resolution of June 02, 2014, Minutes No.8), and evaluated the Company’s readiness for the autumn-winter period in 2014-2015 (resolution of October 23, 2014, Minutes No.3); following the reviews the Committee gave recommendation to the Board of Directors to approve the Complex programme of JSC IDGC of the North-West" for the reduction of risks of injury to personnel and third parties at the Company’s electric grid facilities for the period 2014-2017 (resolution of June 02, 2014, Minutes No.8).
The structure of issues addressed in 2014 by the Reliability Committee
