IES-holding: Company news

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15.06.2010
IES-Holding’s “Trading” Division Gets Access to Trading in Power Futures

IES-Holding’s “Trading” Division has been granted access to trading power futures, which are derivative financial instruments of electric power trading. The first trading in power futures contracts will take place at the Moscow Energy Exchange (formerly Arena Energy Exchange) on June 21. The “Trading” Division is going to take an active part in futures trading, implementing a unified strategy of IES-Holding’s power generating companies in the Russian wholesale electricity and power market.

03.06.2010
Chemical and Engineering Enterprises are the Most Energy-Efficient Among Largest Energy Consumers, according to the Result of Energy Cooperation Competition

For the second year running, chemical and engineering companies are the most energy-efficient ones among large consumers of heat and electricity. They have won 17% of top places (each industry respectively) in the “Large Business” nomination in the 2010 Energy Cooperation Competition held by IES-Holding in 16 regions of Russia, having received 20 awards as “The Most Energy Efficient Company of the Year".

24.05.2010
TGC-9 Board of Directors Did Not Resolve to Pay Dividends for 2009

On 19 May 2010, the Board of Directors of TGC-9 held a meeting in absentia at which a number of issues relating to annual general meeting of shareholders were discussed. The meeting approved of the date, time and place of holding the general meeting of shareholders

20.05.2010
IES-Holding to Spend 12.95 Billion Rubles for Repairs and Re-equipment in 2010

IES-Holding’s companies successfully went through the 2009-2010 heating season and began preparing for the next heating season. The company plans to spend 12.95 billion rubles for repairs, technical modernization and re-equipment, 12% more than last year. This year, IES-Holding’s generating companies will focus on their heat networks reconstruction and significantly increase investment for these purposes.

18.05.2010
IES-Holding’s Companies in Sverdlovsk Region Announce Nominees for “The Most Energy Efficient Company of the Year” Award

The Contest Committee of OJSC Sverdlovenergosbyt and LLC Sverdlovsk Heat Supplying Company has announced nominees for the Energy Cooperation Competition Award. The competition was initiated by IES-Holding and supported by the Sverdlovsk Region’s government. The list of the most energy-efficient companies includes both large and small industrial enterprises, small companies, trading firms, and service providers.

04.05.2010
EnergoStroyEngineering Completes Construction of Special Crossing on Angara

In April 2010, CJSC National Corporation EnergoStroyEngineering (NC ESE) completed the construction of a complex crossing on the Angara River within the framework of the project for the construction of a double-circuit 220 kV power line from 220 kV Priangarskaya substation to 220/110/6 kV Razdolinskaya substation, including modernizing of Razdolinskaya substation in the Boguchany district of the Krasnoyarsk Territory. NC ESE has been the general contractor for this project since January 2009. The Customer of the project is Engineering and Construction Management Center of the Federal Grid Company of Unified Energy System (FGC UES).

29.04.2010
The Power of Victory: Soviet Power Engineering during World War II” Exhibition Organized by IES Holding and Museum of Contemporary History of Russia

The exhibition “The Power of Victory: Soviet Power Engineering during World War II” in Moscow was organized by the Central Museum of Contemporary History of Russia together with IES Holding. The exhibition is dedicated to the 65-th anniversary of Victory in the Great Patriotic War and tells about power engineering during the war, in the postwar reconstruction period, and about the present day of the industry.

22.04.2010
Roundtable Discussion by IES Holding President on “Count, Save and Pay” Project within the Framework of All-Russian Conference on Energy Efficiency

IES Holding President Mikhail Slobodin held a roundtable discussion on the “Count, Save and Pay” project within the framework of the All-Russian conference “Energy Efficiency and Energy Saving in Regions, Municipalities, and Public Sector”. The conference held on April 21 in Moscow was organized by the Russian Ministry of Energy, Ministry of Economic Development, and the Russian Energy Agency.

21.04.2010
IES-Holding Completes Garnet Investment Project for Modernizing Perm CHPP-13

In March 2010, a new gas-turbine unit GTPP-16PA was put in commercial operation at Perm CHPP-13 (part of IES Holding’s Generation Urals Division). Due to the launch of the new gas turbine unit, Perm CHPP-13 has significantly increased its efficiency in the wholesale electric power and capacity market. During the first 250 hours of operation the gas turbine unit generated over 3.8 million kWh of electricity and 4,741 Gcal of heat.

20.04.2010
IES-Holding’s power plants increased heat and electric power generation in Q1 2010

In the first quarter of 2010 IES-Holding’s power plants generated 21.27 billion kWh of electric power and 51.3 million Gcal, which is 0.96% and 8.6% higher than in 2009 respectively.