Company News

JSC TGC-1 published its financial statements for 2011, made under Russian Accounting Standards (RAS).

On March 2, 2012, TGC-1 set an interest rate equal to 7.6% per annum for 11-14th coupons of TGC-1’s bonds of series 01. The interests to be paid are 37 rubles 90 kopecks per each Issuer’s bond.

March 1, 2012 in Museum complex "The Universe of Water" (St.Petersburg, 56 Shpalernaya Str.) there were called nominees of the Cristal Drop Vodokanal Prize in 2011.

Since February 20, 2012 Lapland Centre for Economic Development, Transport and the Environment has become a new regulator of Lake Inari, which is in use of three states — Russian Federation, Norway and Finland.

On February 18, 2012 the International Winter Fest 'Hyperboreya' in Karelia called its nominees.

February 16, 2012 Sergey Kozyrev, vice-governor of St.Petersburg, visited Pravoberezhnaya CHP TGC-1 — a new-built plant with total capacity of 1,120 GCal/h.

TGC-1’s Board of Directors considered a range of corporate matters and approved revision of the Pervomayskaya and Central CHPPs renovation projects.

New 3d hydraulic unit was renovated at the Belomorskaya HPP in accordance with the renovation programme.

JSC TGC-1 has drawn its production results in the 4th quarter and the 12 months of 2011.

TGC-1 has finished the large project of refurbishment three units' speed control at Putkinskaya HPP (Kem' HPPs Cascade) in Karelia.