OGK-1
{{Primary sources|date=February 2009}}
{{Infobox company
| name = OJSC OGK-1
| native_name = OAO Оптовая генерирующая компания № 1
| native_name_lang = ru
| romanized_name = OAO Optovaya Generiruyushchaya Kompaniya 1
| logo = OGK 1 logo.png
| caption =
| traded_as =
| fate = Merged into Inter RAO
| predecessor = RAO UES
| successor = Inter RAO
| foundation = {{Start date|2005}}
| founder =
| defunct = 2012
| location_city = Moscow
| location_country = Russia
| location =
| locations =
| area_served =
| key_people = Boris Kovalchuck, (CEO)
| industry = Power generation
| products = Power and heat
| services =
| revenue = {{profit}} US$1.7 billion (2011)
| operating_income =
| net_income = {{profit}} US$143.3 million (2011)
| aum =
| assets =
| equity =
| owner =
| num_employees = 5,800
| parent = Inter RAO
| divisions =
| subsid =
| homepage = {{URL|www.ogk1.com}}
| footnotes =
| intl =
}}
The First Generation Company of the Wholesale Electricity Market (OGK-1) was a large Russian company formed by the merger of six electricity generation companies.
History
The company was established in 2005 by merging six power plants into one company. Before 1 July 2008, about 92% of the company's shares was owned by RAO UES, Russian state-controlled energy holding company. As a result of the electricity market reform, 43% of shares was transferred to the Federal Grid Company of Russia, 23% to RusHydro, and 34% was distributed to minority shareholders.
On March 17, 2009 the rights under 61,9% of voting shares were transferred to Inter RAO UES for 5 years with the right for extension for the same period. Starting from July 6, 2009 the powers of the sole executive body of OGK-1 were transferred to Inter RAO UES.{{Cite press release | title = OGK-1 Board of Directors Called an Extraordinary Meeting of Shareholders to Solve Issues Related to Financing of Priority Investment Projects and Gas Supplies to the Company's Power Stations | publisher = Inter RAO UES | date = 2009-11-19 | url = http://www.interrao.ru/eng/news/company/292/ | accessdate = 2010-07-10 | archive-url = https://web.archive.org/web/20100915002354/http://www.interrao.ru/eng/news/company/292/ | archive-date = 2010-09-15 | url-status = dead }} In 2012, OGK-1 was merged into Inter RAO.
Operations
OGK-1 operates following power stations:
- Permskaya GRES – 2,400 MW,
- Nizhnevartovskaya GRES – 1,600 MW
- Iriklinskaya GRES – 2,430 MW
- Kashirskaya GRES - 1,580 MW
- Verkhne-Tagilskaya GRES – 1,497 MW
- Urengoyskaya GRES - 24 MW.
The installed capacity of these power stations is about 9,500 MW. This comprises about 5.5% of the generating capacity of RAO UES.
The power output of the OGK-1 power plants in 2006 was around 48 TW.
References
{{Reflist}}
External links
{{Portal|Russia|Energy}}
- {{Official website|http://www.ogk1.com/en}}
{{Power companies of Russia}}
{{DEFAULTSORT:Ogk-1}}
Category:Defunct electric power companies of Russia
Category:Companies based in Ulan-Ude
Category:Energy companies established in 2005