Novosibirskenergo

OJSC Novosibirskenergo (Russian: ОАО "Новосибирскэнерго"; RTS:NVNG) is an electric power generation, transfer and distribution company located in Novosibirsk Oblast.^[1]

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.^[2]

Revenue in 2007 was RUB 21,875.00 million, while operating profit was RUB 2,819.00 million.^{[citation needed]}

The company was created in 1993 as part of the privatization of Russia's energy system.^[3] It has 14,067 employees.^{[citation needed]} Its headquarters are located in the city Novosibirsk in Novosibirsk Oblast. The company is controlled by Mikhail Abyzov.^[4]

References

1. ^ "Novosibirskenergo". Financial Times. http://markets.ft.com/ft/tearsheets/businessProfile.asp?s=RU:NVNG. Retrieved 2009-09-24. 
2. ^ "Annual Report 2005". Novosibirskenergo. 2005. http://www.nske.ru/eng/AR2005/. Retrieved 2009-09-24. 
3. ^ "Brief History". Novosibirskenergo. http://www.nske.ru/eng/BH/. Retrieved 2009-09-24. 
4. ^ "Russia’s Novosibirskenergo bd eyes paying 125 mln rbl in 2010 divs". PRIME-TASS. 2011-05-03. http://www.prospect.com.ru/en/articles/primetass/russia_s_novosibirskenergo_bd_eyes_paying_125_mln_rbl_in_2010_divs.html. Retrieved 2011-06-29. 

External links

• Company website