Company News

TGC-1 releases interim unaudited consolidated Financial Statements for the 9 months period, ended 30 September 2018 prepared in accordance with International Financial Reporting Standards (IFRS).

Vyborgskaya CHPP's environmental monitoring system was launched in the mode of pilot and field testing

As part of the Power System Repair and Maintenance Programme implementation, the full repair of hydroelectric generating unit No. 2 of Putkinskaya HPP was completed

TGC-1 published its 9 months 2018 financial statements under the Russian Accounting Standards (RAS).

Electricity generation of TGC-1 for 9 months of 2018, including PJSC Murmanskaya CHPP, comprised 21,555.1 million kWh, which is 3.2% more than in the respective period of 2017.

On 25 September 2018, the impeller of the hydroelectric generating unit No. 4 was dismantled as part of the upgrade of TGC-1's Verkhne-Tulomskaya HPP

On 20 September 2018, Standard & Poor’s Global Ratings raised its long- and short-term issuer credit ratings on TGC-1 to “BBB-/A-3”. The outlook is stable.

On 11 September 2018, Fitch Ratings has upgraded long-term Issuer Default Ratings (IDR) of TGC-1 in foreign and national currency to “ВВB-” level, Outlook Stable, and short-term Issuer Default Ratings in foreign and national currency to “F3” level.

Apatitskaya CHPP of TGC-1 being the only heat supply source of the cities of Apatity and Kirovsk of Murmansk Oblast, switched to winter mode of operation

Grand opening of Gazprom Class took place in the State budget educational institution Gymnasium No. 426 in St. Petersburg on September 1