OREANDA-NEWS. November 21, 2007. Extraordinary General Meeting of shareholders on its meeting held on October 29, 2007 has approved making of the Agreement for Capacity Delivery to the Wholesale Market by and between TGC-4, ZAO Financial Payment Center and Administrator of Trading System of the Wholesale Power Market within the Unified Energy System (NP ATS).

The Agreement determines the liabilities of TGC-4 on capacity delivery to the wholesale power market produced on the generating equipment which has been commissioning not earlier than 2008 as a result of Company’s investment program implementation.
System Operator – Centralized Dispatching Administration will exercise control of timely and appropriate fulfilment of the TGC-4’s obligations on construction/modernization and commissioning of new generating equipment in strict consecution with Company’s investment program, and also the fact of capacity delivery to the wholesale power market.