ST. PETERSBURG, June 22 (RIA Novosti) - Russian territorial power generating firm TGK-1 said Friday its net income calculated to International Financial Reporting Standards (IFRS) totaled 1.56 billion rubles ($60 million) in 2006.
TGK-1, which incorporates 55 electric power plants in northwestern Russia, said its revenues in the reporting period totaled 21.59 billion rubles ($832 million), while operating expenditures stood at 18.92 billion rubles ($729 million).
TGK-1 has an installed electric power capacity of 6,248 MWt and heat power of 14,735Gcal/h. The company supplies electricity to the domestic wholesale market, and also partially exports electricity to Finland and Norway.
