Company News

JSC TGC-1 releases its 3rd Quarter and 9 months 2010 financial results according to Russian accounting standards.

The Board of Directors of TGC-1 on 27 October 2010 resolved to terminate the contract with JSC Central Moscow Depositary (Tsentralniy Moskovskiy Deposotariy) to maintain shareholders’ registers.

TGC-1 announces the operational results for the 3rd quarter and 9 months 2010.

TGC-1, the largest producer of electricity and heat of the North-West of Russia, is pleased to announce the change of address of its headquarters in St. Petersburg. The Company is moving from the building on Marsovo pole it occupied for over 80 years to a new business-centre in Petrogradsky district.

JSC TGC-1 and Leader Asset Management (ZAO “UK Leader”) inked a preliminary cooperation agreement to establish a joint venture (JV) and arrange project financing for the construction of 450MW CCGT-unit at Pravoberezhnaya CHPP in St. Petersburg.

TGC-1 completed pre-commissioning performance tests of the pilot 180MW CCGT-unit at Pervomayskaya CHPP in St. Petersburg, announced the general director of TGC-1 Boris Vainzikher during the regular session of the City of St. Petersburg government.

TGC-1 releases its unaudited half yearly consolidated report under IFRS for the period ended June 30, 2010.

TGC-1 releases its unaudited half yearly consolidated report under IFRS for the period ended June 30, 2010.

TGC-1 will publish its unaudited financial report under International Financial Reporting Standards (IFRS) for the six months ended June 30, 2010 on Wednseday, September 1, 2010 and hold a conference-call for investors and analysts on the same day.

TGC-1 will publish its unaudited financial report under International Financial Reporting Standards (IFRS) for the six months ended June 30, 2010 on Wednseday, September 1, 2010 and hold a conference-call for investors and analysts on the same day.