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Russian Power Generation Subsidiaries of Inter RAO Group Announce RAS Financial Results for the First Six Months of 2019

Yury Sharov was awarded with the IV class Order “For Merit to the Fatherland”

5 June 2019

Yury SHAROV, the General Director of Inter RAO - Engineering, was awarded with the IV class Order “For Merit to the Fatherland” for his labor achievements and many years of diligent work in the Management Board of Inter RAO. The corresponding Decree was signed by the President of Russia Vladimir Putin on May 29 of the current year.

Yury Sharov’s whole career is connected with the electric power industry with over 30 years of accumulated experience. He has been a member of Inter RAO Group’s management since 2008 and the head of Inter RAO - Engineering, a company specialized in construction and modernization of power plants, since 2012.

Under the leadership of Yury Sharov, during the period of 2012 - 2018, a total of 16 new power facilities amounting to total production capacity of 5.7 GW were built and deployed. Currently, four new power plants are under construction in the Kaliningrad Oblast with approximate total capacity of 1 GW. The project is carried out in accordance with a Commission of the President of Russia and the Decrees of the Government of the Russian Federation.

Yury Sharov has a PhD and is the Head of the Department of electric power systems of Moscow Power Engineering Institute. He is the author of more than 100 scientific publications and several patents in the field of electric power. His high professionalism and significant contribution to the development of the Russian energy industry has been awarded with numerous state and industry awards. He also holds the Russian title of “Merited Power Engineer of the Russian Federation”.

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Inter RAO Group consolidates 100% of PJSC Tomskenergosbyt shares
financial statements
prepared according to
for H1 2019
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Inter RAO Group is a diversified energy holding serving various segments of Russian and international electric power industry. The Group is the leading exporter and importer of electricity in Russia actively increasing electricity generation and sales, and developing new lines of business.

The corporate strategy of Inter RAO is focused on making Inter RAO a global energy enterprise, a key player in the global energy market, and Russia's leading electric utility by energy efficiency. Inter RAO Group owns and operates approximately 33.3 GW of installed power generation capacity.