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On September 26, 2012 TGK-6 OAO and RusVinyl LLC signed an agreement of intent to conclude a long-term contract for heat supply

On September 26, 2012 TGK-6 OAO and RusVinyl LLC signed an agreement of intent to conclude a long-term contract for heat supply under non-regulated prices in the total amount of about 6 billion rubles. In accordance with the signed agreement the parties plan to conclude, until December 31, 2012, a contract for ten years with the supply of heat energy starting from the second half of 2013 for a new polyvinyl chloride (PVC) production facility. With the introduction of Federal Law dated July 27, 2010 № 190-FZ “On Heat Supply” participants of heat supply market received an opportunity to conclude contract under non-regulated prices (prices agreed by the parties).

IES-Holding (Integrated Energy Systems) is Russia's largest private company, established in 2002 which and working in the field of power industry and heat supply. The principal areas of business concern are power generation, energy trading and retail. The strategic actives of the holdings are TGC-5, TGC-6, TGC-7, TGC-9, and several regional energy retail companies. The installed electrical production capacity of TGK, where IES-Holding is a strategic shareholder, is 15 767 MW; the heat production capacity is and power plants is 67 799 GCal/h.

Source www.tgc6.tu