The Open Joint-Stock Company "Third Generation Company of the Wholesale Electricity Market" (JSC "OGK-3") was created pursuant to the strategy of nation-wide reform of the power industry. Its state registration took place on the 23rd of November, 2004, at the Interdistrict Inspectorate of the Russia’s Ministry of Taxation No.2 in the Republic of Buryatia. The company is engaged in generation and sales of electric and heat energy.