Girish Mahajan (Editor)

OGK 3

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Former type
  
Public (OAO)

Industry
  
Electricity

Headquarters
  
Ulan-Ude, Russia

Defunct
  
2012

Traded as
  
MCX: OGKC

Fate
  
Merged into Inter RAO

Founded
  
23 November 2004

Parent organizations
  
Inter RAO, Norilsk Nickel

OGK-3 httpsuploadwikimediaorgwikipediadethumba

Native name
  
OAO Оптовая генерирующая компания № 3

Romanized name
  
OAO Optovaya Generiruyushchaya Kompaniya 3

Subsidiaries
  
CSKA Moscow, Kharanorskaya SDPP OAO

OGK-3 (meaning: The Third Generation Company of the Wholesale Electricity Market – WGC-3) was a Russian power company. The stock was traded on the MICEX-RTS stock exchange.

Contents

History

OGK-3 was formed in 2004 by merger of six electricity generation companies as a part of restructuring of RAO UES, Russian state-controlled energy holding company. In 2007, after emission of its new shares, Norilsk Nickel became the largest shareholder in the company.

In 2008, OGK-3 acquired 24.99% in Rusia Petroleum, an operator of the Kovykta gas field. However, in 2010 Rusia Petroleum went bankruptcy.

In December 2010, it was announced that Inter RAO will acquire Norilsk Nickel's stake in OGK-3 increasing its stake in the company up to 85%. In 2012, OGK was merged into Inter RAO.

Operations

OGK-3 owned following power stations:

  • Kostroma SDPP – 3,600 MW
  • Pechora SDPP – 1,060 MW
  • Cherepetsk SDPP – 1,425 MW
  • Kharanorsk SDPP - 430 MW
  • Gusinoozersk SDPP – 1,100 MW
  • Yuznouralsk SDPP - 882 MW.
  • The company's registered office is in Ulan Ude in Buryatia, the headquarters are located in Moscow.

    References

    OGK-3 Wikipedia