Company News

TGC-1 PJSC has entered into its first non-regulated agreement for selling electric energy with Siburenergomanagement JSC (a company of SIBUR Holding).

TGС-1 PJSC has completed the overhaul of hydraulic unit No. 3 at the Belomorskaya HPP. Energy specialists have finished reconstructing the control system and tested the upgraded emergency-repair valves.

TGC-1 PJSC will build a hot water boiler house at Power Plant No. 2 (PP-2) of the Centralnaya CHPP by 2027. The relevant order issued by the St. Petersburg Government was signed by the City Governor Alexander Beglov.

Within the next four years, TGC-1 PJSC will build a small hydro power plant (SHPP) in the Murmansk Oblast. The plant will allow TGC-1 PJSC to increase its power generation, while modern equipment and technologies ensure the reliability of the new generation facility.

TGC-1 releases interim abbreviated unaudited consolidated Financial Statements for the 9 months period, ended 30 September 2020 prepared in accordance with International Financial Reporting Standards (IFRS).

Electricity output of TGC-1, including JSC Murmanskaya CHPP, for January-September of 2020 comprised 20,112.8 million kWh, showing a slight decrease of 1.2% compared to the same period in 2019.

TGC-1 published its 9 months 2020 financial statements under the Russian Accounting Standards (RAS).

On 29 September 2020, Standard & Poor’s Global Ratings affirmed credit ratings on TGC-1 to “BBB-”, with the Stable Outlook.

TGС-1 PJSC completed the replacement of the main steam pipeline of generator unit No.5 at Severnaya CHPP. Earlier similar works were performed on units 1–4. The implemented measures will increase reliability and safety of the station equipment operation.

TGC-1 PJSC has successfully passed the certification process for the compliance with ISO 50001:2018 Energy Management Systems requirements.