Company News

New Svetogorskaya HPP 30.5 MW hydraulic unit passed tests and was set into operation on 29 November, 2011.

TGC-1 has finished the installation tests of 5th new hydraulic turbine at Svetogorskaya HPP of Vuoksa Cascade within the complex refurbishment project (2007-2013).

According to the XIV Annual Federal Contest of RCB, TGC1's annual report is the best in the North-West region.

November 9, 2011 TGC1 power plants got new technical certificates that confirm their readiness for the winter season.

TGC1 finished a complex reconstruction of the Rayakosky HPP unit. The ongoing result of the renovation is high-level efficiency and safety of the plant.

The Company’s revenue for the period from January till September of 2011 equaled 41.5 billion rubles which exceeded the identical result of the last year by 20%.

The Company’s revenue for the period from January till September of 2011 equaled 41.5 billion rubles which exceeded the identical result of the last year by 20%.

On October 27th, 2011 the Board of Directors of JSC TGC-1 approved the prospectus for the issue of the Company’s bonds. Four tranches of debt securities (3rd, 4th, 5th and 6th series) with the amount of 2 million rubles each will be issued for the period of 10 years. Par value of bonds is one thousand rubles per bond.

On October 27th, 2011 the Board of Directors of JSC TGC-1 approved the prospectus for the issue of the Company’s bonds. Four tranches of debt securities (3rd, 4th, 5th and 6th series) with the amount of 2 million rubles each will be issued for the period of 10 years. Par value of bonds is one thousand rubles per bond.

Gross electricity output by power plants of JSC TGC-1 in Saint Petersburg, Republic of Karelia, Leningrad Oblast and Murmansk Oblast (including Murmanskaya CHPP) for 9 months of the year 2011 equaled 20,718.5 million kW/h.