OJSC Territorial Generating Company #2 (TGC-2) and OJSC Tver Utility Systems (TUS) have signed an agreement to prolong the lease contract for heating pipelines.

Tver municipal heating pipelines which earlier were leased by OJSC TUS, subsidiary of OJSC Russian Utility Systems (RUS), on September 1, 2006 had been passed into TGC-2 Tver Central Administrative Board tenancy following the contract signed between RUS and TGC-2. In accordance with this contract TUS have kept all the obligations to use the heating pipelines and relevant equipment, to conduct current maintenance and overhauls, to ensure observance of the planned water regimes, to carry out equipment adjusting works. On November 30, 2007 the contract validity period had ended.

During the passed year the main strong and weak spots of the contract were revealed. After long-lasting negotiations both companies came to the decision that current cooperation scheme is the most suitable. Therefore decision to prolong contractual relations had been taken.
Thereby TGC-2 and TCUS confirmed that their main purpose is reliable heat supply of Tver citizens, especially during cold season.

Company profile
Territorial Generating Company #2 was established on February 2005. Director General is Andrey Vagner. TGC-2 facilities incorporate generating enterprises of six regions - Arkhangelsk, Vologda, Kostroma, Novgorod, Tver and Yaroslavl.
TGC-2 operates as a united company since July 1, 2006. The Target structure shaping was completed on May 3, 2007 after merging with Arkhangelsk Generating Company.
The Company operates 16 CHPPs, 10 boiler plants, 4 heat network enterprises (excluding leased assets). TGC-2 aggregated installed electric capacity is 2582.5 MW; installed heat capacity is 12,471 GCal/h.

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