Following the accident at Reftinskaya power station, the market capitalization of OGK-5, the heat and electricity producer, fell by $112m. However, the market players do not think the two events are interrelated and say that this drop in prices is just a normal fluctuation after the dramatic rise in share prices. Some experts believe the accident is going to somewhat affect the company’s financial records in a negative way.

According to the data provided by OGK-5, one of the generators located on the premises of Reftinskaya power station caught fire on December 20, 2006. This made it necessary to shut down two power-generating units with the capacity of 500 megawatts each. As a result, the station had to reduce its electricity output by 27% against their normal productivity of 1,375 megawatts per hour. The power station has six 300-megawatt power-generating units and four 500-megawatt ones altogether.

The stock market was slow to react to the accident at first, but the experts think that OGK-5 might have to increase its share of investments using the money obtained through the recent additional stock issue, reports RosBusinessConsuling Daily.