Idgc Nth Cauc

What Idgc Nth Cauc does

PJSC Rosseti Severnyy Kavkaz (Rosseti North Caucasus) is an interregional distribution grid company and a subsidiary of state-controlled PJSC Rosseti, operating as the system-forming territorial network organization for the North Caucasian Federal District of Russia. The company transmits and distributes electricity at voltages from 0.4 kV to 110 kV across seven regional entities, controlling approximately 142,078 km of overhead transmission lines, 34,922 substations, and 20,693 MVA of transformer capacity covering a 170,400 sq km service territory with a population exceeding 10.3 million. It functions as the electricity supplier of last resort in six republics (Dagestan, Ingushetia, North Ossetia-Alania, Kabardino-Balkaria, Karachay-Cherkessia, and the Chechen Republic via managed AO Chechenenergo) and in Stavropol Krai, and provides technological connection services for new consumers.

Revenue is generated through four principal streams under government-regulated tariffs: electricity transmission and distribution to residential, industrial, commercial, and government customers; technological connection fees for new grid connections; guaranteed supply of last resort functions; and additional non-tariff services such as grid construction and engineering. The company delivers service through six regional branches (Dagenergo, Ingushenergo, Kabbalkenergo, Karachay-Cherkesskenergo, Sevkavkazenergo, Stavropolenergo) and two managed subsidiaries (AO Chechenenergo, AO Sevkavkazenergo), supplemented by a multi-channel consumer service system that includes a 24/7 hotline, two mobile applications (Svet Onlayn and Rosseti Personal Cabinet), internet reception, WhatsApp/Viber messaging, and physical service offices.

The controlling shareholder is PJSC Rosseti, which is in turn controlled by the Russian state via the Federal Agency for State Property Management (Rosimushchestvo); the company's own shares trade on the Moscow Exchange under ticker MRKK. Securities listed status is corroborated by current activity (financial data through 2025, ongoing news through July 2026), despite one source indicating delisted status—the most recent operational signals take precedence. Authorized capital comprises 2,093,354,170 ordinary shares at 1 RUB nominal value. Useful electricity output for 2025 was 19.8 billion kWh at the group level. The company is led by General Director Roman Levchenko (elected February 2022), with a management team of nine Deputy General Directors spanning operations, security, finance, energy sales, and market interaction functions.

Name

Idgc Nth Cauc

Legal name

Публичное акционерное общество «Россети Северный Кавказ»

Website

https://rossetisk.ru

Company type

Public

Founded year

2018

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

PJSC Rosseti North Caucasus is a state-controlled Russian distribution grid company that transmits and distributes electricity across seven regions of the North Caucasian Federal District, serving over 10.3 million people via 142,078 km of lines and 34,922 substations, while also acting as the regulated electricity supplier of last resort in those regions.

Ownership category

akta.pro rank

Product category

Electric Power Distribution

NAICS

Electric Power Transmission, Control, and Distribution (22112), Electric Power Generation, Transmission and Distribution (2211)

akta.pro primary industry

Network Upgrades & Capacity Additions (Reconductoring, Rebalancing, Voltage Optimization) (EUAEACAN)

akta.pro secondary industries

Service Drops, Metering & Grid Connections (Last-Mile) (EUAEACAG), Interconnection & Grid Access Services (Connection Agreements, Queue Mgmt) (EUADAAAI)

Keywords

• Electric power distribution
• Grid infrastructure services
• Technological connection services
• Guaranteed electricity supply
• Transmission network services

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Electric Power Transmission and Distribution: Core revenue from electricity transmission and distribution services to end consumers across the North Caucasian Federal District under regulated tariffs.
2. Technological Connection Services: Connection of consumer power receivers to grid facilities for legal entities and individuals.
3. Guaranteed Supply Services: Functions as electricity supplier of last resort in Dagestan, Ingushetia, North Ossetia-Alania, Kabardino-Balkaria, Karachay-Cherkessia (through regional branches) and in Chechen Republic (through managed AO Chechenenergo).
4. Additional Non-Tariff Chargeable Services: Construction of electric grids and grid facilities, engineering surveys to commissioning services for clients.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

PJSC Rosseti North Caucasus is an interregional distribution grid company that transmits and distributes electric power across the North Caucasian Federal District through 0.4-110 kV networks covering 170,400 sq km. The company provides technological connection services for new consumers, acts as the guaranteed electricity supplier of last resort in multiple republics, and offers additional non-tariff construction and engineering services.

Product overview

ROSSETI Northern Caucasus PJSC operates as an interregional distribution grid company within the ROSSETI Group, providing electricity transmission and distribution services across the North Caucasian Federal District. The company offers a portfolio of products and services including: core electricity transmission and distribution via 0.4-110 kV grids, technological connection services for connecting consumers to the grid, functioning as the guaranteeing electricity supplier across multiple North Caucasian republics, and additional non-tariff services such as grid construction. Consumer-facing digital services include two mobile applications: 'Свет Онлайн' (Svet Online) for residential consumers to manage accounts, submit meter readings, and make payments; and 'Россети – Личный кабинет' (Rosseti Personal Account) for submitting connection applications and service requests. The company also maintains a multi-channel consumer service system with hotlines, internet reception, and physical service offices.

Differentiator

Problem solved

Functional benefit

Products and services

• Electric Power Transmission and Distribution Core service of transmitting electric power across the North Caucasian Federal District via electrical grids operating at voltages from 0.4 to 110 kV, ensuring reliable electricity supply to residential, commercial, and industrial consumers.
• Technological Connection Service package for connecting consumer power receivers to grid facilities, including actual connection of electrical installations to grid infrastructure for legal entities and individuals.
• Electricity Supplier of Last Resort Functions as the guaranteeing electricity supplier for Dagestan, Ingushetia, North Ossetia-Alania, Kabardino-Balkaria, and Karachay-Cherkessia (via regional subsidiaries) and for the Chechen Republic (via managed JSC Chechenenergo).
• Additional Non-Tariff Chargeable Services Construction of electric grids and grid facilities, engineering surveys through to commissioning services for clients, leveraging company experience and technical support for project implementation.
• Svet Online (Свет Онлайн) Mobile Application Mobile application for residential consumers in Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Ingushetia, and Dagestan to view account balances, submit meter readings, make payments, and access billing information.
• Rosseti Personal Cabinet Mobile Application Mobile application enabling users to submit grid connection applications, calculate connection costs, locate service offices on a map, view power outage schedules, and submit inquiries to the company.
• Consumer Service System Multi-channel consumer service system including hotlines (8-800-220-0-220), internet reception, WhatsApp/Viber messaging (8-928-230-12-49), in-person appointments at service offices, and consumer days for problem resolution.

Quantifiable outcome

• 19.8 billion kWh electricity transmitted in 2025
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered minor and core.

• PJSC Moscow Exchange (MOEX)minorOthersMoscow Exchange provides stock quote information for ROSSETI Northern Caucasus securities (ticker MRKK). The company is listed on Moscow Exchange.
• Ministry of Energy of the Russian FederationcoreOthersMinistry of Energy (Minenergo) exercises state regulation over the electricity sector and designates ROSSETI Severnyy Kavkaz as guaranteed supplier in multiple republics. The company operates under ministry supervision.
• Central Bank of the Russian FederationminorOthersThe Central Bank (Bank of Russia) provides regulatory oversight as the securities market regulator.
• NP Sovet Rynka (Market Council)minorOthersNon-profit partnership Market Council is the self-regulatory organization of the wholesale and retail electricity markets.
• PJSC ROSSETI (Parent Company)coreStrategic or Co-development PartnerROSSEPI is the controlling shareholder and parent company. ROSSETI is one of the world's largest electrical grid holdings managing 2.6 million km of power lines and 900,000 MVA substations. It controls 80% of Russia's electricity transmission.
• AO ChechenenergocoreStrategic or Co-development PartnerManaged subsidiary operating in Chechen Republic. ROSSETI Severnyy Kavkaz exercises management functions through single executive body.
• AO SevkavkazenergocoreStrategic or Co-development PartnerManaged subsidiary in North Ossetia. ROSSETI Severnyy Kavkaz exercises management functions through single executive body.

Scale indicators12 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Inter RAO: Diversified Russian state-controlled energy holding covering generation, supply, and trading across multiple countries. Broad incumbent in Russian electricity with overlapping exposure to the North Caucasus market through generation assets and supply functions, though not a distribution grid peer.
• FGC UES (Federal Grid Company): Russian state-owned operator of the unified national (federal) high-voltage transmission grid. Operates at higher voltage levels (220+ kV) than Rosseti North Caucasus's distribution focus (0.4-110 kV), but operates under the same national regulatory framework and is functionally adjacent in the value chain as the upstream transmission provider.

Direct peers

• Rosseti Centre: Distribution grid subsidiary of Rosseti serving Central Russia (multiple oblasts). Identical business model: regulated distribution monopoly, technological connection services, and group-coordinated consumer digital platforms. Geographic diversification offers a comparison point for multi-region distribution operations.
• Rosseti Ural: Distribution grid subsidiary of Rosseti serving Sverdlovsk, Chelyabinsk, Kurgan, and Perm Oblasts. Same vertical integration under Rosseti Group with regulated tariff revenue model, technological connection services, and group digital platforms; serves an industrial-heavy region.
• Rosseti Lenenergo: Another distribution grid subsidiary of PJSC Rosseti serving northwest Russia (St. Petersburg and Leningrad Oblast). Closest analog in business model: regulated T&D operator within the Rosseti Group vertical, providing the same transmission, distribution, technological connection, and digital consumer services to a regional customer base.
• Rosseti Kuban: Rosseti distribution subsidiary covering Krasnodar Krai and Adygea in Southern Russia. Comparable in serving a southern Russian region with agricultural and resort economic base, running similar 35-110 kV distribution infrastructure under Rosseti Group governance.
• Rosseti Moscow Region: Rosseti subsidiary operating the distribution grid in Moscow Oblast. Direct peer sharing identical regulatory framework, parent governance, revenue model (regulated tariffs, technological connections), and digital service infrastructure, but serving a wealthier and more industrialized region than North Caucasus.
• Rosseti South: Distribution grid subsidiary covering Rostov Oblast, Volgograd Oblast, Astrakhan Oblast, and Kalmykia. Direct geographic and operational peer to Rosseti North Caucasus within the same parent group, sharing southern Russia operational profile and identical service offerings.
• Rosseti Volga: Distribution grid operator across multiple Volga region oblasts under PJSC Rosseti. Direct peer with same regulated T&D franchise model, technological connection services, and group digital platforms, but serving a larger and more economically diverse territory.
• Rosseti Siberia: Rosseti distribution subsidiary covering Siberia (multiple vast, low-population regions). Comparable in being a multi-region distribution franchise with regulated tariffs, but contrasting sharply with North Caucasus on geography, climate, and customer density.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights6 records

Customer concentration

• Xx.com/rossetisk

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Idgc Nth Cauc