News

12/25/2019 Head of PJSC FGC UES Andrey Murov discussed with investors and analysts the major directions of the company's development During the annual Investor's Day, Andrey Murov, Chairman of the Management Board of PJSC FGC UES (Rosseti FGC UES), told about the fundamental results of 2019 and key areas of work for the new five-year investment period. The sustainable financial and economic indicators were noted, underlying the recommendation of the Board of Directors referring to payment of interim dividends in the amount of 11.23 billion rubles. This year, the company redeemed its first Eurobond issue for RUB 17.5 billion and was assigned higher credit ratings.

12/24/2019 Power equipment and facilities of the large power supply center of the Kola Peninsula - 330 kV Murmanskaya substation - were commissioned. The Federal Grid Company (PJSC FGC UES) commissioned and powered the first 250 MVA auto transformer with operating voltage at 330 kV Murmanskaya substation - a large power supply center of the North-West. It will set up further conditions for the development of the Murmansk Region's economy, as well as will power the Lavna coal terminal and the Oktyabrskaya Railway's traction substation Lavna, and the Construction Center for large tonnage marine facilities of NOVATEK-Murmansk, LLC. The total cost of the project is over 5 billion Rubel.

12/19/2019 First stage of comprehensive upgrade of Domodedovo main power center, Pakhra 500 kV substation, is complete FGC UES (Rosseti Group) has energized the first set of equipment for the total capacity of 500 MVA at the Pakhra 500 kV substation. The cost of work was 5.4 bn rubles, considering the design of next stages of the comprehensive upgrade. The facility will be finalized in 2022, with another 1.2k MVA transformer capacity planned for commissioning. This will provide additional conditions for developing the Domodedovo district in the Moscow region, where about 180 thousand people live and the cognominal international airport is situated.

12/18/2019 Rosseti FGC UES commissions Ust-Kut 500 kV and Sukhoy Log 220 kV substations – final links of Peleduy Energy Ring FGC UES (Rosseti Group) has completed the construction of the first main substations in the Irkutsk region. Commissioning of Ust-Kut 500 kV and Sukhoy Log 220 kV substations was the final stage in creating the Peleduy energy ring that encompasses the Irkutsk region, the Transbaikal Territory, and the Republics of Sakha (Yakutia) and Buryatia. Yuri Manevich, Deputy Minister of Energy of the Russian Federation; Pavel Livinsky, General Director of Rosseti; and Andrey Murov, Chairman of the Board of FGC UES, took part in the startup ceremony.

12/13/2019 Federal Grid Company is honored by Russian Ministry of Energy for contributing to popularization of FEC FGC UES (Rosseti Group) received commendation from the Russian Ministry of Energy for its contribution to the popularization of the fuel and energy complex and engineering education. The awarding ceremony took place on the fields of the CASE-IN Championship Autumn Cup finals. Also during the event, representatives of agencies and industry companies discussed joint work with young people in 2020.

12/11/2019 Andrey Murov holds meeting on deliverables of Russian National Committee of CIGRE In 2019, Russia was still the first in Europe and the fifth in the world in terms of the number of members of its National Committee of CIGRE, the largest scientific and technical association in the power industry. RNC CIGRE has successfully held a joint meeting of the highest governing bodies of the organization in Saint Petersburg, a panel session within the framework of the REW Forum, and scientific and technical exchange events with the participation of experts from the CIS, EU and China. The results of RNC CIGRE work and main tasks were discussed at the meeting held by the Head of the Committee, Chairman of the Board of FGC UES (Rosseti Group) Andrey Murov.

11/27/2019 Federal Grid Company Announces EGM and Recommends 9M 2019 Dividends Federal Grid Company of Unified Energy System ("Federal Grid Company" or "the Company"; Moscow Exchange, LSE: FEES), part of PJSC ROSSETI Group of Companies, owner and operator of the Unified National Electricity Grid (“UNEG”), announces that its Board of Directors has set the date for the Extraordinary General Meeting (EGM), which will be held on December 30, 2019 in the form of absentee voting.

11/20/2019 Overhead line of Surgutskaya GRES-2, Russia's largest thermal power plant, is through with the first stage of upgrade FGC UES (Rosseti Group) has completed the first stage of upgrade of the 199-km Surgutskaya GRES-2 – Sibirskaya 500 kV overhead line. Higher reliability is achieved for the transit facility that delivers electricity to consumers in the eastern regions of the Khanty-Mansiysk Autonomous District – Yugra, including Rosneft Oil Company and SIBUR Holding enterprises.

11/19/2019 Federal Grid Company announces 9M 2019 IFRS results Federal Grid Company of Unified Energy System, part of PJSC ROSSETI Group of Companies and the operator of the Unified National Electricity Grid (“UNEG”), announces its unaudited condensed consolidated interim financial results for the three and nine months ended 30 September 2019 under International Financial Reporting Standards (IFRS).

11/15/2019 Federal Grid Company gets certificate of readiness for 2019/2020 heating season The order has been signed by the Russian Ministry of Energy. The document confirms full readiness for the forthcoming maximum loading of facilities of the Unified National Power Grid managed by FGC UES (Rosseti Group) in all 79 regions of its footprint. In the run-up to winter (in 10 months of 2019), the accident rate in the UNPG became 14% lower. All plans of the repair program were fulfilled.

11/12/2019 Federal Grid Company's R&D Center will take part in ITER international thermonuclear reactor project Research and development center at FGC UES (Rosseti Group) will test the electrical connector, one of the intra-chamber parts of the experimental thermonuclear reactor that is being created within the ITER international project. The work has been ordered by Project Center ITER (part of Rosatom State Corporation). The tests will be completed in 2020.

11/08/2019 Russian Engineering Union's commission discusses measures to boost energy-efficient projects A meeting of the commission of the Russian Engineering Union on the development and implementation of energy efficiency and energy saving technologies was held in Moscow under the chairmanship of the head of FGC UES Andrey Murov. The issues of improving the regulatory framework, financing energy-efficient projects and developing specialized educational programs were discussed.

11/06/2019 Federal Grid Company to funnel RUB 1.5bn to totally revamp Khakassia's power supply hub FGC UES (Rosseti Group) has started the total revamping of the Teya 220 kV substation in the Republic of Khakassia. The utility's equipment will be fully renovated. This will significantly improve the reliability of power supply to consumers in the Askiz district of the republic, where about 40,000 people live and the Teya Sports Training Center, a training base for the Russian national skiing teams, is located. It will also be possible to connect a new 315-kilometer transit, which will strengthen the links between the region's power system and the Kemerovo region.

10/30/2019 Federal Grid Company to provide 22 MW of power to Tomsk region's largest greenhouse farm FGC UES (Rosseti Group) will expand the Zonalnaya 220 kV substation, a big power hub of Tomsk. With the work done, it will be possible to supply up to 22 MW of power to the Trubachevo greenhouse farm that is planning to raise its output of vegetables by a factor of 2.5, up to 7 thousand tons of produce per year.

10/25/2019 Federal Grid Company Announces 9M 2019 RAS Results Federal Grid Company of Unified Energy System (“Federal Grid Company” or “the Company”; Moscow Exchange, LSE: FEES), part of PJSC ROSSETI Group of Companies, owner and operator of the Unified National Electricity Grid (“UNEG”), announces its financial results for 9M 2019 under Russian Accounting Standards (RAS).

10/23/2019 Andrey Murov draws 9M 2019 bottom line of FGC UES As of mid-October 2019, the specific accident rate in the Unified National Electricity Grid (UNPG) dropped 14% year-on-year. FGC UES (Rosseti Group) has finished the basic work of preparing for the heating season. Over 1.7 GW of consumer power has been hooked up to the UNPG in the 9 months. This was announced by Andrey Murov, Chairman of the Management Board, at a meeting with managers and heads of the company's branches.

10/21/2019 Federal Grid Company expands Skovorodino 220 kV substation in the Amur region to supply power to Power of Siberia facilities FGC UES (Rosseti Group) has connected compressor station no. 6 Skovorodinskaya to the Unified National Electricity Grid. For this purpose, the Skovorodino 220 kV substation in the Amur region, which participates in the external power supply scheme for the new Power of Siberia gas pipeline, was expanded. The maximum connected power will be 6.5 MW. By the end of 2020, a total of eight gas compressor stations will be connected to the main power grids, with an aggregate output of 60.8 MW.

10/17/2019 Federal Grid Company does unique works in Urals replacing insulation on a 500 kV line without de-energizing Insulators have been replaced on the 500 kV Magnitogorskaya – Smelovskaya EHV transmission line without de-energization. This allowed the line not to be withdrawn from the current power supply scheme and significantly reduce the time for repairs. In addition, the reliability of supply to Magnitogorsk consumers, including one of the largest steel mills in Russia and the CIS, remained high.

10/16/2019 Upgrade complete of highland Severny Portal 110 kV substation, power supply center in the south of North Ossetia FGC UES (Rosseti Group) invested RUB 617 mn into end-to-end reconstruction of Severny Portal 110 kV substation in the highlands of Alagirsky district of the Republic of North Ossetia (Alania). The utility's capacity was increased 3-fold, up to 20 MVA, a new 110 kV gas-insulated switchgear (GIS) was built, newest emergency control automation units installed, protection against avalanches and mudslides provided. All this enhanced the reliability of power output of the Ezminskaya HPP and the Golovnaya station of the Zamaragsky HPP chain.

10/08/2019 Russia hosts joint meeting of supreme CIGRE management bodies for the first time A joint meeting of the Steering Committee and the Technical Council of CIGRE, power industry's biggest international association, attended by its President, Rob Stephen, and Chairman of the Russian National Committee, Head of FGC UES (Rosseti Group), A. Murov, is taking place in Saint Petersburg.