Company News

On 29 September 2017, Fitch Ratings affirmed long-term Issuer Default Rating (IDR) of TGC-1 in foreign and national currency at 'ВВ+' level, Outlook Stable, and short-term Issuer Default Rating in foreign and national currency at 'В' level.

On September 21, 2017, Standard & Poor’s Global Ratings revised TGC-1 outlook to ‘Positive’ from ‘Stable’ thanks to the improvement of the Company's performance indicators. Meanwhile, the Company's long-term and short-term corporate credit ratings were confirmed at ‘ВВ+/В’ levels correspondingly.

Special events were held in Volhov, Leningrad Oblast, in honour of the 75th anniversary of the breach of the Leningrad energy blockade

The major repair of hydraulic unit No. 3 has been completed at Avtovskaya CHPP

TGC-1 releases unaudited interim consolidated Financial Statements for the 6 months period, ended June 30, 2017 prepared in accordance with International Financial Reporting Standards (IFRS).

Electricity output of TGC-1, including PJSC Murmanskaya CHPP, for 6 month of 2017 comprised 14,512.6 million kWh, which is 1.5% less than in the respective period of 2016.

TGC-1 published its 6 months 2017 financial statements under the Russian Accounting Standards (RAS).