TGC-1 presents its performance highlights for Q1 2017

28.04.2017

Electricity output of TGC-1, including PJSC Murmanskaya CHPP, for Q1 2017 comprised 7,564.0 million kWh, which is 5.5% less than for the same period of 2016.

TGC-1 Electricity Output Summary (million kWh)

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1Q 2016

1Q 2017

Difference

Nevsky branch

5,099.5

4,850.3

-4.9%

Karelsky branch

1,089.9

931.7

-14.5%

Kolsky branch

1,803.3

1,775.1

-1.6%

TGC-1 total

7,986.7

7,557.1

-5.4%

PJSC “Murmanskaya CHPP”

7.5

6.8

-8.8%

TGC-1 total, including

PJSC “Murmanskaya CHPP”

7,994.2

7,564.0

-5.5%

Due to market conditions electricity generation at CHPPs decreased by 6.5%, at HPPs – by 3.8% (due to lower water content at Karelsky and Kolsky branches).

An average specific fuel equivalent consumption of electricity output of the Company remained at last year’s level and comprised 188.91 g/kWh.

For Q1 2017, heat output of TGC-1, including PJSC Murmanskaya CHPP, comprised 9,485.1 thousand Gcal, which is 3.2% lower compared to 2016. Reduction in heat output was caused by climatic factors.

TGC-1 Heat Output Summary (thousand Gcal)

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1Q 2016

1Q 2017

Difference

Nevsky branch

7,663.1

7,478.2

-2.4%

Karelsky branch

717.7

674.6

-6.0%

Kolsky branch

581.9

534.5

-8.1%

TGC-1 total

8,962.7

8,687.3

-3.1%

PJSC “Murmanskaya CHPP”

836.8

787.7

-4.7%

TGC-1 total, including

PJSC “Murmanskaya CHPP”

9,799.5

9,485.1

-3.2%

An average specific fuel equivalent consumption of heat output of the Company reduced by 0.5% to 167.47 kg/Gcal.

For more information about the results of the company’s production activities, please visit the Reports section of the corporate website.

About

TGC-1 is the leading producer of electricity and heat in the North-West region of Russia. It operates 53 electric generating stations in four regions of Russia: St. Petersburg, Republic of Karelia, Leningrad Oblast, and Murmansk Oblast.

TGC-1 installed electric capacity of the Company’s stations amounts to 6.95 GW and heating capacity of 14,53 thous. GCal/hr. Major shareholders are Gazprom Energoholding LLC (51.79 %) and Fortum Power and Heat Oy (29.45 %). Total headcount of the Company, including subsidiaries, totals circa 7 thousand.