Harman Patil (Editor)

Novosibirskenergo

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Headquarters
  
Russia

Founded
  
1993

Subsidiaries
  
OAO Siberian Energy Company, ZAO Sibirenergoinvest, South Fuel Company, Regionalnyye seti OAO

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

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.

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. It has 14,067 employees. Its headquarters are located in the city Novosibirsk in Novosibirsk Oblast. The company is controlled by Mikhail Abyzov.

References

Novosibirskenergo Wikipedia