OGK-1
| Industry | Electric power generation |
|---|---|
| Founded | 2005 |
| Defunct | 2012 |
| Fate | Integrated into Inter RAO |
| Successor | Inter RAO |
| Headquarters | Ulan-Ude , Russia |
Area served | Russia |
| Products | Electricity generation |
| Owner | Federal Grid Company of Russia (43%), RusHydro (23%), minority investors (34%) (after reform) |
| Parent | Inter RAO (after 2009) |
The First Generation Company of the Wholesale Electricity Market (OGK-1) was a prominent Russian energy producer created by consolidating six separate power generation facilities.
History
Formed in 2005 through the unification of six distinct power plants, OGK-1 was originally 92% owned by RAO UES, the state-controlled Russian energy conglomerate. Following reforms in the electricity sector, the ownership structure changed to allocate 43% to the Federal Grid Company of Russia, 23% to RusHydro, and the remaining 34% to various minority investors.
On March 17, 2009, a five-year agreement (with an option to extend) transferred control over 61.9% of voting shares to Inter RAO UES. From July 6, 2009, Inter RAO UES took over executive management responsibilities. Eventually, in 2012, OGK-1 was fully integrated into Inter RAO.
Operations
OGK-1 managed six power plants whose total installed capacity reached roughly 9,500 MW, accounting for nearly 5.5% of RAO UES's overall generating ability:
- 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
In the year 2006, these facilities collectively generated approximately 48 terawatt-hours (TWh) of electrical energy.