Company News

TGC-1 PJSC concluded a free contract for the sale and purchase of electricity (100 MW) with AB InBev Efes, a major brewing company.

TGC-1 releases abbreviated unaudited consolidated Financial Statements for the 3 months period, ended 31 March 2021 prepared in accordance with International Financial Reporting Standards (IFRS).

TGC-1 published its 3M 2021 financial statements under the Russian Accounting Standards (RAS).

TGC-1 PJSC has closed a major deal to sell green I-RECs on Sber’s blockchain platform. The certificates are issued for enterprises of PJSC Polyus to certify that electricity is generated from renewable energy sources.

In Q1 2021 electricity output of TGC-1, including JSC Murmanskaya CHPP, comprised 9,169.3 million kWh, up by 11% compared to 3M 2020 figure.

TGC-1 releases audited consolidated Financial Statements for the 12 months period, ended 31 December 2020 prepared in accordance with International Financial Reporting Standards (IFRS).

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

At the end of 2020, electricity generation at three cascades of hydroelectric power plants of the Karelsky Branch of TGC-1 PJSC significantly exceeded the average values for the last five years.

In 2020 electricity output of TGC-1, including JSC Murmanskaya CHPP, comprised 27,911.7 million kWh, which indicates an insignificant decrease of 1.3% compared to 2019 figure.

TGC-1 PJSC completely decommissioned the equipment in the old part of Pervomayskaya CHPP, switching electric consumers to new 6 kV and 110 kV switchgears with a modern level of reliability and controllability.