About INTER RAO
INTER RAO is a diversified energy holding managing assets in Russia, several countries of the CIS and the European Union.
INTER RAO’s operations comprise electric power and heat generation, international power trading and electric industry engineering.
INTER RAO controls and manages 24 thermal and three hydro power plants with combined capacity over 28 GW. In 2010, the plants of the company produced over 117 bn KWh of electric energy.
INTER RAO is a leading energy export and import operator in Russia. We supply electricity to Azerbaijan, Belarus, Finland, Georgia, Kazakhstan, Latvia, Lithuania, Mongolia, Ukraine and South Ossetia. INTER RAO actively develops its presence and expands international partnerships focusing both on emerging markets in Middle East, Asia, Africa and Latin America, and on developed European economies. In 2011, we exported 22.7 bn kWh and imported 3.4 bn kWh of electric power.
INTER RAO Group includes seven Russian electric power supply companies. In 2011, electricity sales on the Russian retail market exceeded 143 bn kWh.
By the end of 2011, INTER RAO Group was an employer for more than 47 thousand people.
INTER RAO’s strategy is focused on creating a highly efficient and diversified world-class energy holding represented in all key competitive segments of the energy market. This strategy will enable INTER RAO to become a top ten energy company worldwide in terms of combined installed production capacity by 2020.
INTER RAO is listed on MICEX- RTS and its shares are part of MICEX, RTS, MICEX Power and MSCI Russia indices. INTER RAO’s Global Depositary Receipts (GDRs) are admitted to trading on the London Stock Exchange’s International Order Book (IOB). Fitch Ratings assigned a global credit rating of BB+ to INTER RAO on the global scale.
