MOSCOW, October 2 - RAPSI. The Krasnoyarsk Krai Commercial Court has satisfied in part the Interregional Distribution Grid Company of Siberia's (IDGC) claim for damages against the Krasnoyarsk Finance Ministry, ordering the Ministry to pay out one billion rubles ($31.14 million) at the budget's expense, the court told the Russian Legal Information Agency (RAPSI/rapsinews.com) on Tuesday.

IDGC had initially sought to recover 4.607 billion rubles ($159.1 million) in compensation for its losses.

The lawsuit was filed on February 9. In its claim, the company stated that it sought compensation in order to offset the losses that it sustained following a uniform electric energy transmission tariff order for 2011, which was issued by the Krasnoyarsk Territory's regional energy commission on December 15, 2010.

IDGC earlier told RAPSI that the commercial court declared the tariffs invalid on December 29, 2011. The company ultimately lost 4.6 billion rubles ($159 million) due to these tariffs in 2011.

A claim to recover financial losses was also brought against the Trans-Baikal Territory. The company is determined to recover 250 million rubles ($8.03 million) in damages sustained during the fourth quarter.

IDGC said that liability was imposed for economically unjustified rates under similar circumstances in 2005.

Krasnoyarsk Krai's Finance Ministry does not agree with IDGC's claims and considers the company's arguments biased. It added that these arguments do not serve as grounds for recovering losses and the amount of these losses remains unproven.

The IDGC of Siberia is a subsidiary of the IDGC Holding. It is the largest electrical power supplier in the Siberian Federal District.