17 Jul 2009 17:55

Russia's OGK-1 reduces electricity production 15% in H1

MOSCOW. July 17 (Interfax) - Russia's Wholesale Generating Company No. 1 (OGK-1) reduced electricity production 15% to 21.37 billion kilowatt hours in the first half of 2009 compared to the same period of 2008, the company said in a statement.

These figures include the results of the Nizhnevartovsk State District Power Plant, a joint venture between OGK-1 and TNK-BP .

Heating production also fell 15% to 20.35 billion kWh in the period, excluding OGK-1's internal needs and electricity purchases on the market.

The reduction in output can be attributed to a decline in demand in the main regions where the company operates, particularly the Urals. In addition, System Operator increased heating generation at nuclear power plants, the company said.

The Nizhnevartovsk and Perm plants accounted for the bulk of production in the period at 28.6% and 28%, respectively.

OGK-1 includes the Perm, Verkhnetagil, Kashira, Nizhnevartovsk, Urengoi and Iriklinsk state district power plants. The company's total installed capacity comes to 9,531 megawatts.

Russian electricity importer/exporter Inter RAO UES manages OGK-1.