The First Generation Company of the Wholesale Electricity Market (OGK-1) was a large

Russia Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the ...

n company formed by the merger of six

electricity Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described ...

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 OAO RAO UES (OAO Unified Energy System of Russia; russian: ЕЭС России or russian: Единая Энергетическая Система) was an electric power holding company in Russia. It controlled about 70% of Russia's installed el ...

, 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 RusHydro (previous name: Hydro-OGK, russian: РусГидро) is a Russian hydroelectricity company. As of early 2012 it had a capacity of 34.9 gigawatts. In late 2009, it was the world's second-largest hydroelectric power producer and is ...

, 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 Joint Stock Company Inter RAO UES (russian: Публичное акционерное общество «ИНТЕР РАО ЕЭС», short form: Inter RAO), traded as, is a diversified energy holding company headquartered in Moscow, Russia. Its ...

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. 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

External links

* {{DEFAULTSORT:Ogk-1 Defunct electric power companies of Russia Companies based in Ulan-Ude Energy companies established in 2005 Energy companies disestablished in 2012 Inter RAO Defunct companies of Russia