print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all TGC-1 press releases

TGC-1

January 27, 2021

TGC-1 presents its performance highlights for 2020

In 2020 electricity output of TGC-1, including JSC Murmanskaya CHPP, comprised 27,911.7 million kWh, which indicates an insignificant decrease of 1.3% compared to 2019 figure.

As the demand for electricity in the North-West energy system declined, the company introduced certain measures to optimize its production activities.  High water content throughout 2020 in the regions of its operation, allowed the company to redistribute the load from CHPPs to HPPs since the latter possess more efficient energy-generating equipment. In this case, the electricity output by hydro power plants increased by 13.5%, and the comparable electricity output at TGC-1 at the combined heat and power plants of TGÑ-1 decreased by 11.7%.

TGC-1 electricity output summary (million kWh)

 

2019

2020

Difference

Nevsky branch

17,976.3

16,781.6

-6.6%

Karelsky branch

3,697.8

4,061.4

+9.8%

Kolsky branch

6,583.8

7,052.1

+7.1%

TGC-1 total

28,257.9

27,895.1

-1.3%

JSC Murmanskaya CHPP

17.1

16.6

-2.9%

TGC-1 total, including

JSC Murmanskaya CHPP

28,275.0

27,911.7

-1.3%

The volume of heat output from collectors of TGC-1, including JSC Murmanskaya CHPP, comprised 23,046.9 thousand Gcal, which is 4.7% lower than for the 2019 due to the higher ambient temperatures in the heating period of 2020.

TGC-1 heat output summary (thousand Gcal)

 

2019

2020

Difference

Nevsky branch

18,873.5

18,040.2

-4.4%

Karelsky branch

1,691.4

1,628.0

-3.7%

Kolsky branch

1,488.2

1,367.6

-8.1%

TGC-1 total

22,053.1

21,035.8

-4.6%

JSC Murmanskaya CHPP

2,120.5

2,011.1

-5.2%

TGC-1 total, including

JSC Murmanskaya CHPP

24,173.6

23,046.9

-4.7%

For more information about the results of the company’s production performance, please visit the Reports section of the corporate website.

About

TGC-1 (part of Gazprom Energoholding Group) is a leading producer and supplier of electricity and heat in the North-West of Russia. TGC-1 comprises 52 power plants within four constituent entities of the Russian Federation: St. Petersburg, the Republic of Karelia, and Leningrad and Murmansk Oblasts.

TGC-1's installed electric capacity is 6.9 GW, and heat capacity is 13.5 thousand Gcal/h. Major Shareholders: Gazprom Energoholding LLC (51.79%) and Fortum Power and Heat Oy (29.45%).

 

 

 

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