OGK-2 explained

OJSC OGK-2
Native Name:	OAO Оптовая генерирующая компания № 2
Native Name Lang:	ru
Romanized Name:	OAO Optovaya Generiruyushchaya Kompaniya 2
Type:	Public (OAO)
Predecessor:	RAO UES
Location City:	Solnechnodolsk
Location Country:	Russia
Key People:	Stanislav V. Neveynitsyn (CEO)
Industry:	Electricity
Products:	Power and heat
Num Employees:	4,928
Parent:	Gazprom

OGK-2 (Wholesale generating company №2) is a Russian power generation company. Majority of the company's stock is owned by Gazprom.

History

In 2005, five thermal power plants with installed capacity about 8,700 MW were merged into single company. The power output of these plants in 2007 was around 48 TWh.

In April 2010, Gazprom, the major shareholder of OGK-2 and OGK-6, announced a plan to merge these companies.^[1] OGK-2 issued 26.59 billion new shares (81.2% of existing share capital) which were used for conversion of OGK-6 shares at a ratio of 1.2141 OGK-6 to 1 OGK-2 share.^[2] The merger was completed by 1 November 2011.^{[2] [3]}

Operations

OGK-2 operates following power stations:

• Pskov GRES – 430 MW
• Serov GRES – 526 MW
• Stavropol GRES – 2,400 MW
• Surgut GRES-1 - 2,059 MW
• Troitsk GRES – 3,280 MW
• Novocherkassk GRES – 2,112 MW,
• Kirishi GRES – 2,100 MW
• Ryazan GRES – 2,650 MW
• Krasnoyarsk-2 GRES - 1,250 MW
• Cherepovets GRES - 1,050 MW
• GRES-24 - 310 MW (at Novomichurinsk; merged with Ryazan GRES in November 2008)

Installed capacity of the company is 17,750 MW.^[1]

See also

• Inter RAO

Notes and References

1. News: Gazprom to Merge OGK 2 and OGK 6 . The Moscow Times . 2010-04-04 . 2010-06-22.
2. News: OGK-2, OGK-6 complete merger . . 2011-11-01 . 2013-04-13.
3. News: Russia's OGK-2, OGK-6 to complete merger as of Nov 1 . Reuters . 2011-10-03 . 2012-05-07.