Company News

30 August 2012

The specialists of TGC-1 completed the rebuilding of equipment at Ondskaya HPP

The autoformer at Ondskaya HPP is finally rebuilt. It is the head station of Vygsky cascade of HPPs, which provides flow control and defines the parameters of all power generated by all cascade’s plants.

28 August 2012

TGC-1 publishes its interim abbreviated unaudited consolidated Financial Statements

JSC TGC-1 releases its interim abbreviated unaudited consolidated Financial Statements for the 6 months period, ended June 30, 2012 prepared in accordance with International Financial Reporting Standards (IFRS).

28 August 2012

The Tripartite Commission discussed the regulation of Lake Inari

Traditional meeting of Finnish ecologists and hydroenergetics specialists from Russia and Norway was held in the village of Lake Inari Nellim from 22 to 24 August. It was organized by the Center for Economic Development, Transport and the Environment Province of Lapland (Finland).

09 August 2012

Recovery works are underway at the Matkonezhskaya HPP of the Vygsky cascade of HPPs in Karelia

According to Karelia’s hydrometeorology and environment monitoring center, the equivalent of one month’s worth of rain fell on the basin of the River Nizhny Vyg in less than 12 hours on 8 August. First the dam at Lake Soldatskoe was breached, after which the nearby railroad bed was washed out, with water rushing through and forcing its way to the Matkonezhsky Stream dam. Soon after, the water level rose above the dam crest, causing destruction of the dam’s water-retaining structures.

01 August 2012

TGC-1 presented its financial reporting as per Russian Financial Accounting Standards for the 1st half of 2012

TGC-1 has published its financial report for the first half of 2012 under Russian financial accounting standards.

01 August 2012

TGC-1 increased electricity production by 1.1% in 1H2012

TGC-1 has drawn its production results the results of its production activity in the first half of 2012.