Novosibirskenergo

OJSC Novosibirskenergo (TGK-11; Russian: ОАО "Новосибирскэнерго"; MCX: NVNG) is an electric power generation, transfer and distribution company located in Novosibirsk Oblast.[1]

Overview

As of 2007, the company has 6 electric power stations, with a total installed electric capacity of 2,977 MW. Most of them run on coal, gas or oil. The largest station is TPP-5, which had its first unit launched in 1985; it has a capacity of 1,200 MW. The company also runs the Novosibirsk Hydroelectric Station with an installed capacity of 455 MW. Its first unit was launched in 1957.[2]

Revenue in 2007 was RUB 21,875.00 million, while operating profit was RUB 2,819.00 million.

The company was created in 1993 as part of the privatization of Russia's energy system.[3] It has 14,067 employees. Its headquarters are located in the city Novosibirsk in Novosibirsk Oblast. The company is controlled by Mikhail Abyzov.[4]

References

  1. ↑ "Novosibirskenergo". Financial Times. Retrieved 2009-09-24.
  2. ↑ "Annual Report 2005". Novosibirskenergo. 2005. Retrieved 2009-09-24.
  3. ↑ "Brief History". Novosibirskenergo. Retrieved 2009-09-24.
  4. ↑ "Russia's Novosibirskenergo bd eyes paying 125 mln rbl in 2010 divs". PRIME-TASS. 2011-05-03. Retrieved 2011-06-29.

External links

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