Company News

01 April 2020

Hydroelectric Unit Upgrade Completed at Verkhne-Tulomkaya HPP of TGC-1

A sweeping upgrade of the hydroelectric unit No. 4 was completed at the Verkhne-Tulomskaya HPP of TGC-1.

12 March 2020

TGC-1 Group EBITDA for 2019FY Increased by 7.7%

TGC-1 releases audited consolidated Financial Statements for the 12 months period, ended 31 December 2019 prepared in accordance with International Financial Reporting Standards (IFRS).

13 March 2020

TGC-1: Flood Preparedness Discussed

TGC-1 discussed the power plant readiness for the flood water passage. The meeting was attended by the Company management, chief engineers of TGC-1 structural subdivisions and branches, EMERCOM representatives, and the North-West Department of Hydrometeorology and Environmental Monitoring.

02 March 2020

TGC-1 increased RAS net profit by 33.8% for 2019

TGC-1 published its annual audited accounting (financial) statements for 2019 under the Russian Accounting Standards (RAS).

12 February 2020

St. Petersburg: Lake Inari Regulation Protocol Signed

February 12, 2020, in St. Petersburg the representatives of Russia, Norway and Finland have signed the Protocol for Water Regime Regulation of Lake Inari (Finland) which is used by Russian and Norwegian HPPs.

28 January 2020

TGC-1 presents its performance highlights for 2019

According to 2019 results, electricity output of TGC-1, including PJSC Murmanskaya CHPP, comprised 28,275.0 million kWh, which is 3.6% lower compared to 2018.

16 January 2020

Poduzhemslaya HPP (TGC-1): Overhaul Completed

24 MW hydroelectric unit #2 at Poduzhemskaya HPP has been completely overhauled by TGC-1 power engineers.

14 January 2020

ACRA affirmed AA (RU) to TGC-1, outlook Stable

On 13 January 2020, the Analytical Credit Rating Agency (ACRA) affirmed TGC-1 credit rating at AA according to the Russian national scale with outlook Stable.