Home  Issuers' Corner  Press Releases
CLOSE

Press Releases

company search
all press releases
all TGC-1 press releases

TGC-1

July 26, 2017

TGC-1 presents its performance highlights for H1 2017

Electricity output of TGC-1, including PJSC Murmanskaya CHPP, for 6 month of 2017 comprised 14,512.6 million kWh, which is 1.5% less than in the respective period of 2016.

TGC-1 Electricity Output Summary (million kWh) 

 

H1 2016

H1 2017

Difference 

Nevsky branch

8,938.8

9,000.1

+0.7%

Karelsky branch

2,079.3

1,878.2

-9.7%

Kolsky branch

3,712.5

3,625.3

-2.3%

TGC-1 total

14,730.6

14,503.6

-1.5%

PJSC Murmanskaya CHPP

9.7

9.0

-7.1%

TGC-1 total, including PJSC Murmanskaya CHPP

14,740.3

14,512.6

-1.5%

In H1, electricity generation decreased at CHPPs by 0.7% YOY due to reduced electricity consumption by industrial enterprises. The comparable electricity generation by HPPs decreased by 2.5%, which was caused by lower water content at the Karelsky and Kolsky branches compared to the previous year.

Specific consumption of fuel on electricity production for the Company comprised 199.6 g/kWh (-3.6% YOY). Among other reasons, this decrease is caused by commissioning of high-performance power units of the gas turbine plant at the Centralnaya CHPP in St. Petersburg.

TGC-1 Heat Output Summary (thousand Gcal)

 

H1 2016

H1 2017

Difference 

Nevsky branch

10,538.9

11,258.4

+6.8%

Karelsky branch

975.4

1,017.5

+4.3%

Kolsky branch

863.2

881.2

+2.1%

TGC-1 total

12,377.5

13,157.1

+6.3%

PJSC Murmanskaya CHPP

1,231.4

1,323.0

+7.4%

TGC-1 total, including PJSC Murmanskaya CHPP

13,608.9

14,480.1

+6.4%

Based on the results of H1 2017, heat generation of TGC-1, including PJSC Murmanskaya CHPP, comprised 14,480.1 thousand Gcal, which is 6.4% higher than in 2016. Increase in heat generation was caused by lower outside air temperatures in Q2, 2017.

Specific consumption of fuel on heat production for TGC-1 decreased by 0.8% to 168.7 kg/Gcal.

For more information about the results of the company’s production activities, please visit the Reportssection of the corporate website.

About

TGC-1 is the leading producer of electricity and heat in the North-West region of Russia. It operates 53 electric generating stations in four regions of Russia: St. Petersburg, Republic of Karelia, Leningrad Oblast, and Murmansk Oblast.

TGC-1 installed electric capacity of the Company’s stations amounts to 6.95 GW and heating capacity of 14,53 thous. GCal/hr. Major shareholders are Gazprom Energoholding LLC (51.79 %) and Fortum Power and Heat Oy (29.45 %). Total headcount of the Company, including subsidiaries, totals circa 7 thousand.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z



Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer