OREANDA-NEWS. April 13, 2007. The 2006-net profit of Territorial Generating Company gained 480.4mln rub. (RAS), the company informed.

252mln rub. out of the above amount will be spent to pay the dividends; 24mln rub. - into the reserve fund; 204.4mln rub. - in the accumulation fund. The distrobution of the profit will be considered at the annual meeting May 15.

Territorial Generating Company N4 (TGK-4) was registered in 2005 to involves 11 regional energos including Belgorodskaya, Bryanskaya, Voronezhskaya, Kaluzhskaya, Kurskaya, Lipetskaya, Orlovskaya, Ryazanskaya, Smolenskaya, Tambovskaya and Tulskaya. It covers 26 power plants with 3324 MW in total capacity.

TGK-4 provides control over the following regional sale companies Belgorodskaya, Bryanskaya, Voronezhskaya, Kurskaya, Lipetskaya, Orlovskaya, Ryazanskaya, Smolenskaya and Tulskaya. The share capital is worth 13.96bn rub. UES has 47.32%.