2009 main events

Date	Event
April 23, 2009	JSC “OGK-6” was named a prizewinner at a competition called “Socially Effective Organization in the Electric Power Sector- 2009”. The company was awarded first place in the category “Best Socially Effective Generating Organization in the Electric Power Sector.” The competition has been held annually by the Employers’ Association of the Electric Power Sector together with the non-governmental organization "All-Russian Electrounion", since 2005. This year 30 generating, network, sales and maintenance power companies took part.
April 21, 2009	JSC “OGK-6” paid the coupon yield on the fourth coupon of JSC “OGK-6” bonds in the amount of 37.65 rubles per bond at the annual rate of 7.55%. The total amount of payment on the fourth coupon was 108.2 million rubles.
June 1, 2009	Major repairs of power unit No. 7 (GRES-24) were started at Ryazanskaya GRES with the aim of installing a gas turbine produced in Russia, gas condensation heaters and bottom burners, reconstructing gas and air ducts and replacing the generator of the steam turbine as part of an investment project for Adding a 310 MW Gas Turbine to a Steam Turbine Plant, as well as carrying out repair work on the boiler super heater and steam turbine equipment.
June 8, 2009	The Meeting of JSC “OGK-6” shareholders passed a resolution on not paying dividends following the results of 2008. It was further resolved to allocate the undistributed profit of 479,954,000 rubles for the reporting period to priority investment projects (439,706,000 rubles) and to a reserve fund (40,248,000). The Annual General Meeting of Shareholders elected a new Board of Directors made up of 11 people and a new Audit Commission of 5 people, approved Closed Joint-Stock KPMG as the Company Auditor, approved the new version of the JSC “OGK-6” Charter, internal documents regulating the activity of Company bodies (Regulation on the General Meeting of Shareholders, Regulation on the Board of Directors, Regulation on the General Director, Regulation on the Management Board) and approved a number of related party transactions which may be completed by JSC “OGK-6” in the future as part of regular business activity.
July 1, 2009	On July 1, 2009 the location (legal address) of JSC “OGK-6” was changed due to the approval of a new version of the JSC “OGK-6” Charter by the annual General Meeting of Company’s Shareholders. The new legal address for JSC “OGK-6” is: Building 3, 101 Prospekt Vernadskogo, Moscow.
July 6, 2009	JSC “OGK-6” obtained a positive expert opinion from the Federal State Institution Glavgosexpertiza (Main Department of State Assessment) on the project documentation (Feasibility Report) for Construction of power unit No. 9 using circulating fluidized bed technology (CFB) Project at Novocherkasskaya GRES. It is the first generation unit in Russia with a boiler using the circulating fluidized bed technology (CFB). The project documentation was prepared by Rostovteploelektroproekt, a branch of JSC South Energy Engineering Center. The project includes the construction of power unit No. 9 at Novocherkasskaya GRES with a single-shell boiler unit using circulating fluidized bed technology produced by JSC EMAlliance (Russia) together with Foster Wheeler (Finnish subdivision), a K-330-23.5 steam turbine produced by JSC Turboatom (Ukraine) and a TPB-330-2МУЗ produced by State Enterprise Elektrotyazhmash (Ukraine).
July 9, 2009	Power unit No. 7 of Novocherkasskaya GRES was put into operation after major reconstruction and modernization work was carried out. In the context of this project, the steam turbine and auto regulation system were replaced and reconditioning repairs were carried out on primary and auxiliary equipment. The operational life of the unit increased by 200,000 operational hours (20-25 years). Costs for the modernization project were about 1.5 billion rubles (taking into account repair work on the boiler unit). It became possible to fully diversify the fuel mix: the generation unit can run fully both on coal and on gas. Thanks to the reconstruction of the turbine, the specific heat consumption for the turbine plant was cut to 1,848.9 kcal/kWh. The specific consumption of fuel for a nominal load was reduced to 45 grams per one kilowatt-hour. According to preliminary forecasts, in 2009 the economy already consists of more than 75,000 tons of equivalent fuel (about 100,000 tons of coal in physical terms or 1,530 wagons), and the volume of ash and slag waste has been reduced by 16,400 m3. The auto regulation system replacement has increased the effectiveness of the unit’s work and ensured compliance with System Operator Requirements for Working on the Wholesale Electricity Market. The reconstruction of power unit No. 7 allowed an aggregate to be created with higher economic and technical indicators in comparison with other units of Novocherkasskaya GRES, and increased the reliability of power (supply) systems in the South of Russia.
August 17, 2009	The Krasnoyarskaya GRES-2 branch of JSC “OGK-6” received a commission from the Krasnoyarsk Regional Dispatch Department to reach their maximum load within the shortest term possible because of the accident at Sayano-Shushenskaya HPP. An Emergency Response Team was created to coordinate work on increasing the load at Krasnoyarskaya GRES-2 which would also involve solving fuel supply issues. In August 2009 Krasnoyarskaya GRES-2 generated 361 million kWh of electricity which was 38.8% higher than the target indicators. The targets for the System Operator of the Krasnoyarsk Regional Dispatch Department of Siberia were met in full. The generation increase was due to the plant being fully loaded as a result of the accident at Sayano-Shushenskaya HPP. In August 2009, 29,217 thousand Gcal of heat was generated which was 18% higher than business plan indicators and 6.4% more than the previous period. The hot water parameters were in line with the targets set by the dispatcher from the municipal enterprise Heating Lines.
August 31, 2009	Siemens Gas turbine units were delivered to Kirishskaya GRES for construction of CCGT-800. The delivery of equipment took about two weeks. On the 12th of August gas turbine units with a combined mass of 2,600 tons were sent from the manufacturer to the Dutch port of Rotterdam where they were loaded on a ship bound for Saint Petersburg; then they were dispatched on two river barges to a wharf on the Chernaya River, 3.5km from Kirishskaya GRES. Unloading the large equipment using the RoRo method took 4 days; then two coupled towing vehicles delivered the equipment to the construction site. The remaining auxiliary GTU equipment was transported from the Saint Petersburg port warehouse using 120 mid-sized and 32 large vehicles. The generators and gas turbines will be installed in the main building of CCGTU-800 using two heavy-duty overhead travelling Demag cranes with a load bearing capacity of 165 tons. At the same time installation of the gas turbine equipment will begin.
September 22, 2009	The JSC “OGK-6” Annual Report for 2008 won first prize in the category of “Power Industry Report” in the VI Open Competition for Annual Reports of Joint-Stock Companies held in the context of the International Investment Forum “Sochi-2009”. In 2009, 79 companies from key branches of the Russian economy took part in the competition.
October 9, 2009	JSC “OGK-6” was authorized to construct Power Unit No. 9 with CFB technology at Novocherkasskaya GRES. The resolution was passed on the basis of the positive expert opinion from FSI Glavgosexpertiza on the approved part of the project documentation for the investment project. Authorization documents were issued by the Architecture and Town Planning Department for the city of Novocherkassk and by the Architecture Section for the Oktyabrsky District of the Rostov Region.
October 23, 2009	JSC “OGK-6” paid 108.2 million rubles for repayment of the fifth coupon of series 01 bonds. The size of the yield on the fifth coupon per security is 37.65 rubles at the annual rate of 7.55%.
November 21, 2009	After successful acceptance tests on the test bench at Ivanovskaya GRES, a GTE-110 gas turbine engine produced by JSC NPO Saturn was delivered to Ryazanskaya GRES. Delivery by rail took just over a week. The mass of the equipment is 60 tons. The installation of a GTE-110 gas turbine engine in the context of a large JSC “OGK-6” investment project to Add a 310MW Gas Turbine to a Steam Turbine Plant (CCGT Unit-420) shall be carried out by contractor Sphera LLC. Comprehensive testing of the CCGT-420 at Ryazanskaya GRES is planned for the start of 2010.
November 17, 2009	JSC “OGK-6” received an Inspection Report for preparedness to work during the fall-winter maximum load period. The preparedness of the Company for work during the fall-winter period was assessed by a commission which included representatives from the Ministry of Energy, System Operator, Rostekhnadzor, Gazprom Energyholding and JSC ”OGK-6.” All JSC “OGK-6” branches had previously received certificates of preparedness. To prepare the Report, the preparedness for work at low temperature conditions was approved at all plants as well as the complete fulfillment of industrial safety requirements during the use of production units. Emergency and fire-prevention training was conducted in groups and an essential store of equipment and parts was created for emergency repair work. Primary and reserve dispatch channels were organized in full at all branches as well as channels for telemetric information transmission. All measures have been taken in order to ensure reliable and uninterrupted power supply to all consumers for the coming winter.
November 20, 2009	The Commission for the Ministry of Energy of the Russian Federation conducted an inspection during the implementation of the JSC “OGK-6” investment project for Adding a 310 MW Gas Turbine to Ryazanskaya GRES Steam Turbine Plant (CCGT Unit- 420). It had no comments or criticisms for the Company. During the inspection, the whole project was examined: project documentation, equipment systems, network diagrams, construction plans, various instructions and storage conditions for unit parts etc. All primary equipment and a large portion of the auxiliary equipment has been manufactured and delivered to Ryazanskaya GRES. The Commission noted that work at the plant is carried out around-the-clock by more than 500 contract staff. The primary stages of work are 80-90% completed. The operating employees had undergone the appropriate training and were prepared to work. In the Inspection Report it was also noted that putting a CCGT Unit-420 into operation as intended (by December 31, 2009) was impossible due to the primary equipment being delayed by its manufacturers for a period of 4 to 6 months. The Ministry of Energy Commission suggested that JSC “OGK-6” develop compensatory measures to provide for 72 hours of comprehensive testing on the modernized power unit no later than April 2010.
November 24, 2009	A generator produced by Kharkov factory Elektrotyazhmash was delivered to Ryazanskaya GRES as part of an investment project to construct a CCGT Unit-420. The delivery of the equipment by rail (with a total mass of 300 tons) took 12 days. It required 2 bays and 5 carriages.
November 25, 2009	The JSC “OGK-6” Annual Report for 2008 was ranked first in the territorial category "Best Company Annual Report of the Southern Federal District" at the 12th Annual Federal Competition of Annual Reports and Websites organized by Securities Market magazine and MICEX Stock Exchange. In addition to this, the JSC “OGK-6” Annual Report won two prizes at the 12th Annual Reports Contest held by RTS Stock Exchange: first place out of the annual reports of companies in the Southern Federal District and third place in the category of “Best Information Disclosure in an Annual Report by Companies with Capitalization from 10 to 100 billion rubles.”