Company News

January 29, 2014 one of the oldest Russian hydropower plants Kondopozhskaya HPP celebrates 85-year anniversary. The pioneer of electrification in Karelia is with the capacity 25.6 MW and has annual output of 130 million kWh.

23 January 2014 opened rink which 30 years later was again created in Gubernatorsky Park in Petrozavodsk. The idea of revival of the rink has implemented JSC TGC-1.

January 21, 2014 at Iovskaya HPP was put into operation the first modernized hydraulic unit with capacity of 48 MW.

The installation of equipment is completed under the project of modernization of hydraulic unit number 1 at Iovskaya HPP JSC TGC-1. Test run the machine at idle was successful and experts began the debugging and performance testing of equipment.

OJSC TGC-1 releases its interim abbreviated unaudited consolidated Financial Statements for the 9 months period, ended September 30, 2013 prepared in accordance with International Financial Reporting Standards (IFRS).

The fourteenth exhibition "Energy of Karelia 2013" took place from 29 to 31 October 2013 and was attended by several thousands of people. This year, the interest of the professional community and a wide range of customers was caused by the projects devoted to energy efficiency, energy savings and environmental safety.

TGC-1 releases its financial statements under Russian Accounting Standards (RAS) for the 9 months of 2013.

TGC-1 released its operating results for the 9 months of 2013.

Official site of JSC TGC-1 was highly estimated by the jury of VII St.-Petersburg corporate websites and annual reports competition.

Power specialists began commissioning works on the hydraulic unit, which will be the last put into operation during the modernization of Vuoksinskiye HPPs Cascade.