- CEO
- Roman Levchenko
- Full Time Employees
- 14,367
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- 13a Podstantsionnaya Street Pyatigorsk ST Russian Federation 357506
- IPO Date
- Jun 4, 2008
- Business
- PJSC ROSSETI Northern Caucasus operates as an interregional distribution grid company in the electric power sector, primarily engaged in the transmission, distribution, and technological connection of electric power. The company provides construction and modernization of electric power grids and grid facilities, buys and sells electric power and capacity in wholesale markets, and markets and sells power and capacity in the retail markets within its service area. Its operational footprint spans seven regions of the North Caucasian Federal District and the Republic of Kalmykia, including the Republic of Dagestan, Republic of Ingushetia, Kabardino-Balkar Republic, Karachay-Cherkess Republic, Republic of North Ossetia-Alania, Chechen Republic, and Stavropol region. Established in 2006, the company is headquartered in Pyatigorsk, Russia and functions as a subsidiary of PJSC Rosseti.
The core products and services of PJSC ROSSETI Northern Caucasus include electric power transmission and distribution; technological connection of consumers to the grid; construction, modernization, and maintenance of electric power grids and associated infrastructure; and commercial activities related to the purchase, sale, and marketing of electricity and capacity in both wholesale and retail markets.
Recent major developments include the execution of a record investment program as part of the broader Rosseti Group initiatives, with substantial investments focused on modernizing and expanding grid infrastructure to improve reliability, reduce power losses, and enhance service quality in the Northern Caucasus region. Notable infrastructure projects include the construction of key high-voltage transit routes such as the 500 kV Nevinnomyssk-Mozdok and 330 kV Artem-Derbent lines, which are critical for minimizing power supply disruptions. The company is also actively engaged in addressing illegal electricity consumption issues in the region, including curbing unauthorized cryptocurrency mining activities.
Financially, PJSC ROSSETI Northern Caucasus reported reducing its net loss in 2025 compared to the prior year, reflecting ongoing efforts to improve operational efficiency under challenging market conditions. The company is an integral part of the strategic development goals set by its parent Rosseti PJSC, focusing on integrating advanced technologies and expanding its regional grid infrastructure to support sustainable energy growth in the Russian Federation.
This comprehensive operational and strategic profile underscores PJSC ROSSETI Northern Caucasus's role as a key regional player in Russia's electric utility sector, providing essential grid infrastructure and power supply services while undergoing modernization and expansion efforts to meet evolving energy demands and maintain grid stability in its service territories.