Far-Eastern Energy Company PJSC (DVEC)

Overview

Public joint stock company FAR-EASTERN ENERGY COMPANY is a key player in the electric energy sector in Russia, with a focus on distributing and selling electric power to both individual consumers and enterprises. Established in 2007 and headquartered in Vladivostok, Russia, this company has carved out a significant niche within the energy market. Operating through Electricity Distribution and Electricity Sales segments, it facilitates the provision of electricity in both wholesale and retail markets. As a subsidiary of Public Joint-Stock Company RusHydro, FAR-EASTERN ENERGY COMPANY benefits from being part of a larger energy conglomerate, ensuring stability and access to substantial resources in fulfilling its operational objectives.

Products and Services

• Electricity Distribution

  The Electricity Distribution service offered by FAR-EASTERN ENERGY COMPANY is a critical component of its operations, ensuring the efficient and reliable delivery of electric power from generation points to consumers. This service encompasses the management and maintenance of the distribution network, overseeing the transmission lines and distribution substations that are essential for the provision of electricity to residential, commercial, and industrial customers within its region of operation.

• Electricity Sales

  In the Electricity Sales segment, FAR-EASTERN ENERGY COMPANY offers comprehensive solutions for both wholesale and retail electricity needs. For wholesale customers, this includes large enterprises and other utility companies that require substantial volumes of electric power. The retail sales aspect focuses on providing electricity to small and medium-sized businesses as well as individual households, ensuring a wide range of consumers have access to reliable and competitively priced electric energy. This dual approach allows the company to cater to the diverse needs of its customer base, facilitating seamless energy transactions within the market.