Moscow, 19 May 2006. An official ceremony will be held in St.-Petersburg tomorrow to bring on line the first power unit of the Pravoberezhnaya CHPP of OAO "TGC-1". The ceremony will be attended by Presidential Plenipotentiary Envoy to the Northwest Federal District Ilya Klebanov, St.-Petersburg Governor Valentina Matviyenko, Chairman of the Management Board of RAO "UES of Russia" Anatoly Chubais, and Director General of OAO "TGC-1" Andrey Likhachev.

The Pravoberezhnaya CHPP is the first completed construction project on the List of energy areas energy areas intended for more urgent implementation of new generating projects in the UES of Russia as adopted by Order of RAO "UES of Russia" of 28 March 2006. The new power unit with a capacity of 180 MW of electricity and 260 Gcal/h of heat will help tackle the issue of energy shortages in the Leningrad energy system and boost reliability of electricity and heat supply to customers.

The project was financed with the funds provided by OAO "TGC-1" and a USD40m EBTD loan.