JSC "MIPC"
MMOEX:MOEK284.00
RUB
+9.00
(+3.27%)
ISIN
RU000A0JPQ93
Return %
Stock
S&P 500
1Y
-25.26
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Moscow Russian Federation
- IPO Date
- Sep 4, 2008
- Website
- oaomoek.ru
- Similar Companies
- Business
- Public Joint Stock Company Moscow Integrated Power Company (PJSC MOEK, also referenced as JSC MIPC), a subsidiary of Gazprom Energoholding LLC, is a utility enterprise primarily engaged in the generation, transmission, distribution, and marketing of thermal energy and hot water, as well as the generation of electric power. Founded in 2004 and headquartered in Moscow, Russian Federation, the company serves as the unified heat supply organization for the Moscow metropolitan area, delivering services to residential consumers, commercial properties, industrial facilities, and municipal organizations. The company's core operations and service offerings encompass centralized district heating via hot water and steam distribution; domestic hot water supply; technological grid connection services for newly constructed and renovated residential and commercial properties; operation, technical maintenance, and capital rehabilitation of municipal heating networks, pumping stations, and central heat distribution points; decentralized electricity generation via co-generation and mini-CHP units; energy efficiency auditing, technical supervision, and energy conservation consulting; and automated metering, dispatching, and utility infrastructure management. In recent strategic and operational developments, the company has accelerated its digital transformation and infrastructure modernization programs, which include the large-scale replacement of conventional pipelines with pre-insulated polyurethane foam pipes equipped with remote monitoring systems, the full automation and telemetry integration of central heating substations, and the ongoing rollout of smart commercial metering systems. The company has also progressed its strategic load-transfer program in coordination with sister company PJSC Mosenergo, decommissioning obsolete and carbon-intensive local boiler houses while re-routing thermal loads to high-efficiency combined heat and power generation facilities, alongside the complete digitization of technological connection applications and contract administration through dedicated electronic customer service platforms.