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The investment program of JSC “Moldovagaz” and its subsidiaries was implemented in 2020, according to preliminary estimates, in the amount of 130.5 million lei.

The investment program of JSC “Moldovagaz” and its subsidiaries was implemented in 2020, according to preliminary estimates, in the amount of 130.5 million lei.

This was reported by the press service of the enterprise, noting that last year over 86 million lei were allocated for the construction of new, as well as the reconstruction, modernization and expansion of existing gas networks. At the same time, 23.3 million lei was allocated for the renewal of the outdated and extremely worn-out fleet of special vehicles of gas distribution enterprises, and 9.4 million lei - for intangible assets. About 7.8 million lei were spent on instruments and equipment, including gas measuring equipment, 3 million lei - on computer equipment, and other expenses were also financed. Last year, the country's gas distribution networks were expanded by almost 130 km in 55 settlements. Today, 2,710 new consumers are connected to them, and in the near future this figure will grow by 1,400 units. The length of the newly laid gas pipelines was 11.6 km, 42 new cabinet-type gas control points were installed and other work was carried out. Herewith, more than 1.5 km of the gas pipeline were reconstructed and taken out of private households, 49 units of special equipment were installed as part of a project to introduce telemetry systems at gas control points, and a transformer substation at a gas compressor station in Vulcanesti was reconstructed. In the case of intangible assets, investments were directed to the acquisition of specialized software licenses, the implementation of the “Personal Account of the Consumer” project, the “Contact Center” information system, and so on. It should be noted that the group of companies "Moldovagaz" managed to save over 10 million lei, compared to the figures originally included in the budget of the investment program. This was achieved through the selection of the most cost-effective commercial offers during tenders, while maintaining the regular quality of the supplied goods and services. Meanwhile, the budget of the plan for the overhaul of the facilities of the Moldovagaz gas system amounted to 70.2 million lei, with savings of more than 2.7 million lei. The report on the results of investment activities of "Moldovagaz" and its affiliates in 2020 is at the stage of preliminary discussion and will be sent for approval to the management bodies of the enterprise in due time. // 02.02.2021 — InfoMarket.

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