According to the annual plan of refurbishment TGC1 finished reconstruction of the 5th unit at Severnaya CHP in St. Petersburg.

TGC-1 starts tests of 5th new hydraulic turbine at Svetogorskaya HPP of Vuoksa Cascade within the complex refurbishment project (2007-2013). Total capacity of the new installed agregate is 30.5 MW.

The Board of Directors has approved the General Director’s report on the results of implementing the business plan of the Company and the progress of investment projects in the 1st half of 2011 during its ordinary meeting.

JSC TGC-1 releases its summary interim consolidated Financial Statements for the six months ended June 30, 2011 prepared in accordance with International Financial Reporting Standards (IFRS).

The second new CCGT-unit (180 MW) of Pervomayskaya CHP has been synchronized with the energy system

JSC TGC-1 publishes its Accounting Statements for the first half of 2011 prepared under Russian Accounting Standards.

The volume of electric energy output produced by the generating enterprises of the Company, including Murmanskaya CHPP, for 6 months of the current year has increased on 4.8 % and has made 15,132 million kW/h.

On July, 11th, 2011 JSC TGC-1 Board of Directors discussed financial questions of CCGT-450 construction of Pravoberezhnaya CHPP project implementation and made the decision to change SPV scheme to issue of bonded loan.

On July, 11th, 2011 the first session of the Board of Directors of JSC TGC-1 was held the new membership which was elected by General Shareholders Meeting of the Company on June, 27th, 2011.

The holders of bonds of JSC TGC-1 of 02 series presented for redemption 2 105 813 securities for an overall amount of 2 105,813 mln RUB that makes 42,1 % of loan total amount.