Company News

TGC-1 published its 6 months 2020 financial statements under the Russian Accounting Standards (RAS).

The Annual General Shareholders Meeting of TGC-1 took place on 22 June 2020. The shareholders approved the Company's annual report for 2019, accounting (financial) statements for 2019, including the Company's P&L statements for 2019.

On June 10, 2020, Denis Fedorov, the General Director of Gazprom Energoholding, and Andrey Chibis, the Governor of the Murmansk Region, inspected the operation of the Serebryansky HPPs during the flood.

TGC-1 decommissioned the hydroelectric generating unit No. 1 of the Verkhne-Tulomskaya HPP for subsequent dismantling and upgrade. Power engineers will upgrade its core equipment, as well as control and adjustment systems.

TGС-1 has completed the overhaul of the gas turbine unit (GTU) at Yuzhnaya CHPP, the most powerful combined heat and power plant in St. Petersburg.

TGC-1 releases unaudited interim abbreviated consolidated Financial Statements for the 3 months period, ended 31 March 2020 prepared in accordance with International Financial Reporting Standards (IFRS).

TGC-1 published its 3 months 2020 financial statements under the Russian Accounting Standards (RAS).

Electricity output of TGC-1, including JSC Murmanskaya CHPP, for Q1 2020 comprised 8,262.2 million kWh, which is 1.3% lower than for the same period of 2019.

Overhaul of turbine unit No. 3 with a capacity of 28 MW is now completed at Apatitskaya CHPP of TGC-1.

A sweeping upgrade of the hydroelectric unit No. 4 was completed at the Verkhne-Tulomskaya HPP of TGC-1.