Company News

JSC TGC-1 releases audited consolidated Financial Statements for the 12 months period, ended December 31, 2015 prepared in accordance with International Financial Reporting Standards (IFRS).

On March 12, 2016 in Rayakoski settlement of Murmansk Oblast, a cross-country ski track of the Barents region “Ski Track of Friendship” was held. As usually, JSC TGC-1 was among organizers of this international sport event.

On March 9, 2016, TGC-1 celebrates 60th Anniversary of the Vyg HPPs Cascade.

JSC TGC-1 announced its 2015 financial statements under the Russian Accounting Standards (RAS).

On February 18, 2016 in Oslo, the authorized representatives of Russia, Norway and Finland signed the Minutes of Lake Inari Water Regime Control, resources of Lake Inari are used by Russian and Norwegian HPPs. JSC TGC-1 was represented by Gennady Semenov, Deputy General Director for Marketing and Sales, Alexander Novikov, Chief Engineer of the Kolskiy Branch, and Nikolay Vorobyev, Director of the Paz HPPs Cascade.

On February 17, 2016, the applied research conference “Staff – Foundation of Engineering and Power Industry” was held at the National Mineral Resources University in St.Petersburg.

On February 16, 2016, complex training for elimination of man-made emergency situations, involving management and specialists of TGC-1, Gazprom energoholding, representatives of the Federal Fire Fighting Service of the Russian Ministry of Emergency Situations was passed.

On February 12, 2016, students of the Gorno-Altaisk State University visited JSC TGC-1 Pravoberezhnaya CHPP. The Hour of Power Industry at the CHPP was a part of six-day practical training for these students in St. Petersburg.

Based on the results of payments for heat and hot water supply in 2015, JSC TGC-1 thanked its consumers in St. Petersburg who demonstrated good payment discipline. Exemplary payers were chosen among management companies, homeowners' associations, and industrial enterprises.

JSC TGC-1 has summed up the results of its business operations over 2015.

The overall electricity generation by TGC-1, including Murmanskaya CHPP, for the year of 2015, reduced by 2.3% to 25,811 million kWh comparing to 2014.