Company News

30 June 2019 was the 85th anniversary of the launch of the first hydropower plant in the Murmansk Oblast — Niva HPP-2. The construction of the plant was provided by the GOELRO plan and was caused by the need in power supply sources for the development of the apatite-nepheline rock fields in Khibiny mountains.

On 27 June an award ceremony for the winners of the X Corporate Contest for Public and Media Relations Services of the PJSC Gazprom Subsidiaries was held in St. Petersburg

On 25 June in Saint-Petersburg, within the Russian International Energy Forum, the award ceremony was held for laureates of the International Contest of Scientific, Technical and Innovative Developments aimed at developing the fuel and energy and mining industries

On 27 June 2019, as part of the Russian International Energy Forum a discussion meeting was held on the subject of "Dealing with debtors. Positive practices" organised by TGC-1 in the Expoforum Convention and Exhibition Centre

In June 2019, following the digitalisation tendency for Russian energy industry, TGC-1 has implemented the electronic system (ES) Obkhody (Plant Walkdowns) for all 13 CHPP of the company in Saint-Petersburg, Leningrad Oblast, Murmansk Oblast and in Petrozavodsk

The innovative project for the implementation of a unique hydroelectric generating unit management system at TGC-1's Palieozerskaya HPP was awarded a golden cup at the 17th international conference Global Energy and Renewable Sources (Amersfoort, the Netherlands)

In accordance with the orders of local authorities, Apatitskaya CHPP finished the heating season in the city of Apatity on 8 June 2019 and in the city of Kirovsk on 13 June 2019

The Annual General Shareholders Meeting of TGC-1 took place on 10 June 2019. The shareholders approved the Company's annual report and consolidated accounting (financial) results for 2018, including the Company's P&L statements and profit distribution for 2018

The project for renovation of Yanikoski HPP of TGC-1's Paz HPPs Cascade started. Hydroelectric generating unit No. 1 will be refurbished in 2019, and hydroelectric generating unit No. 2 in 2020

On 8 June 2019, as part of the Saint Petersburg International Economic Forum the St. Petersburg Government and TGC-1 signed a cooperation agreement for the implementation of CHPP upgrade projects by the power company in St. Petersburg