Company News

09 November 2017

TGC-1 has obtained the Certificate of Readiness for the heating season

Following the results of the Committee of the Ministry of Power of the Russian Federation, the Act of Readiness of TGC-1 for the autumn and winter period of 2017/18 was signed and the Certificate of Readiness was handed

08 November 2017

TGC-1 9M 2017 IFRS EBITDA grew by 8.7%

TGC-1 releases unaudited interim consolidated Financial Statements for the 9 months period, ended 30 September 2017 prepared in accordance with International Financial Reporting Standards (IFRS).

07 November 2017

Major repair of power equipment is completed at Vygostrovskaya HPP of TGC-1

TGC-1 power specialists have completed major repair of hydroelectric unit No. 2 at Vygostrovskaya HPP of the Vyg HPPs Cascade

03 November 2017

TGC-1's interactive annual report received an international award

TGC-1's interactive annual report for 2016 that was designed in cooperation with 2PR received a platinum award at MarCom Awards-2017, a prestigious international competition of design projects in the field of marketing, corporate communications and PR

26 October 2017

Net profit of TGC-1 increased by 28.7% for 9 months of 2017 under RAS

TGC-1 published its 9 months 2017 financial statements under the Russian Accounting Standards (RAS).

26 October 2017

TGC-1 increased electricity output by 3% for 9 months of 2017

Electricity generation of TGC-1, including PJSC Murmanskaya CHPP, for 9 months of 2017 comprised 20,883.6 million kWh, which is 3% more than in the respective period of 2016.

05 October 2017

TGC-1 shared its experience of international cooperation in the field of energy industry and environment

On 5 and 6 October 2017, the 7th Russian-Norwegian Days of Cross-Border Cooperation were held in the Murmansk Oblast

02 October 2017

Fitch Ratings affirmed long-term ratings of TGC-1 at 'ВВ+' level

On 29 September 2017, Fitch Ratings affirmed long-term Issuer Default Rating (IDR) of TGC-1 in foreign and national currency at 'ВВ+' level, Outlook Stable, and short-term Issuer Default Rating in foreign and national currency at 'В' level.

21 September 2017

S&P Global Ratings revised TGC-1 outlook from ‘Stable’ to ‘Positive’

On September 21, 2017, Standard & Poor’s Global Ratings revised TGC-1 outlook to ‘Positive’ from ‘Stable’ thanks to the improvement of the Company's performance indicators. Meanwhile, the Company's long-term and short-term corporate credit ratings were confirmed at ‘ВВ+/В’ levels correspondingly.

21 September 2017

TGC-1 opened Power Specialists Alley in honour of the 75th anniversary of breach of the Leningrad energy blockade

Special events were held in Volhov, Leningrad Oblast, in honour of the 75th anniversary of the breach of the Leningrad energy blockade