Moscow. 4 June 2007. As part of the project to build a new 410 MW combined-cycle gas turbine at the Nevinnomysskaya TPP, OAO "WGC-5" held a competitive tender for the award of an EPCM contract.

Upon review of the bids, the contract was awarded to the consortium headed by OAO "E4 Group". The Consortium also includes the following companies: OAO "Tsentroenergomontazh", ZAO "SibKOTES", OAO "Power Machines", ZAO "Novosibirskenergospetsremont", and OOO "Energostroysnabkomplekt-Invest".

Under the contract, the work must be completed within 1,095 days.

OAO "WGC-5" was registered on 27 October 2004 in the city of Yekaterinburg. The operating branches of OAO "WGC-5" include the Konakovskaya TPP, Nevinnomysskaya TPP, Sredneuralskaya TPP, and Reftinskaya TPP. The Company's aggregate installed generation capacity is 8,672 MW for generating electricity and 2,242 Gcal/h for generating heat.

The authorized capital of OAO "WGC-5" is RUB35,371,685,504 and is divided into ordinary shares of RUB1 par value. RAO "UES of Russia" holds a 75.03% stake in OAO "WGC-5", with the minority shareholders holding the remaining 29.97%. WGC-5 shares have been included in the B Quotation Lists of the MICEX and RTS stock exchanges.