RUSHYDRO GROUP ANNUALLY COMMISSIONS NEW GENERATION FACILITIES AND UPGRADES EXISTING ONES. AT THE END OF 2018, RUSHYDRO’S INSTALLED CAPACITY INCREASED TO 39.4 GW, WHICH BROUGHT THE POWER HOLDING TO FIRST PLACE AMONG DOMESTIC PEERS AGAINST THIS INDICATOR. RUSHYDRO OPERATES AND BUILDS POWER PLANTS IN THE CENTRAL PART OF RUSSIA, THE VOLGA REGION, IN THE NORTH CAUCASUS, IN SIBERIA, AND IN THE FAR EAST.
RUSHYDRO GROUP, THE TOP PERFORMER IN THE RENEWABLE ENERGY GENERATION IN RUSSIA, IS BOLSTERING GEOTHERMAL, SOLAR, WIND AND HYDRO-GENERATION PROJECTS IN ISOLATED POWER AREAS OF THE FAR EASTERN FEDERAL DISTRICT. IN 2018, IN THE ARCTIC VILLAGE OF TIKSI, A UNIQUE WIND POWER STATION WITH A CAPACITY OF 900 KW WAS PUT INTO OPERATION.
IN 2018, IN THE YEAR OF ITS 40TH ANNIVERSARY, THE FULLY MODERNIZED SAYANO-SHUSHENSKAYA HPP,THE LARGEST POWER PLANT IN RUSSIA, SET A RECORD FOR ELECTRICITY GENERATION — 26 BILLION KWH. THE CUMULATIVE YIELD OF HYDROELECTRIC POWER PLANT ENABLED TO AVOID BURNING 160 BILLION CUBIC METERS OF GAS, OR 330 MILLION TONNES OF COAL, OR 190 MILLION TONNES OF OIL FUEL NECESSARY FOR THE OPERATION OF HEAT POWER PLANTS.
VOSTOCHNAYA CHPP WITH AN ELECTRIC CAPACITY OF 139.5 MW AND HEAT CAPACITY OF 432 GCAL/H IS THE FIRST LARGE ENERGY-PRODUCING FACILITY IN 45 YEARS, WHICH WAS COMMISSIONED IN THE PRINCIPAL CITY OF THE FAR EASTERN FEDERAL DISTRICT. VOSTOCHNAYA CHPP HAS SET UP A HEAT CAPACITY ALLOWANCE FOR THE FAST-GROWING CITY, AND USING NATURAL GAS IS BENEFICIAL FOR THE ENVIRONMENT.
RUSHYDRO GROUP HAS HIGH CREDITWORTHINESS. FOR THE FIRST TIME IN THE GROUP’S HISTORY, ALL THREE LEADING INTERNATIONAL RATING AGENCIES — S&P, MOODY’S, AND FITCH — UPGRADED THE CREDIT RATINGS OF RUSHYDRO TO THE SOVEREIGN LEVEL IN THE INVESTMENT CATEGORY. RUSHYDRO’S FINANCIAL SUSTAINABILITY CONTRIBUTES TO THE PERFORMANCE OF THE INVESTMENT PROGRAM FOCUSED ON THE EXPANSION OF THE ENERGY INFRASTRUCTURE IN THE REGIONS OF PRESENCE.
MESSAGEChairman of the Board of Directors RusHydro
2018 marked yet another year for RusHydro Group’s ongoing growth and development. We commissioned new power plants in the Far East and modernized existing hydropower plants to increase our total installed capacity to 39.4 GW, setting a new record for the fourth consecutive year.
As a matter of strategic importance, we help deliver on the national goals in the Far Eastern Federal District. In 2018, we launched Vostochnaya CHPP in Vladivostok, the third hydropower unit of Ust-Srednekanskaya HPP in the Magadan Region, and a wind power plant in the Arctic settlement of Tiksi in Yakutia. We are also completing the construction of Sakhalinskaya GRES-2 and a CHPP in Sovetskaya Gavan. Grid infrastructure projects are underway, including in priority development areas.More
2018 marked yet another year for RusHydro Group’s ongoing growth and development. We commissioned new power plants in the Far East and modernized existing hydropower plants to increase our total installed capacity to 39.4 GW, setting a new record for the fourth consecutive year.TRUTNEV Yury
Chairman of the Board of Directors RusHydro
MESSAGECHAIRMAN OF THE MANAGEMENT BOARD - GENERAL DIRECTOR
Dear shareholders, colleagues and partners!
The year of 2018 was another confident step forward for RusHydro as we registered record-high power generation and ensured financial growth, including through consistent cost optimization. In addition to bringing to completion several major investment projects, RusHydro drove home the need to build new and upgrade existing thermal power generation facilities in the Far East with guaranteed return on investment . We are also working towards establishing long-term tariff regulation in the Far Eastern Federal District that would take due account of energy companies’ economically justified expenses. Taken together, these initiatives represent a concerted effort on our part to boost the Company’s fundamental value for the benefit of all shareholders.More
The year of 2018 was another confident step forward for RusHydro as we registered record-high power generation and ensured financial growth, including through consistent cost optimization.Shulginov Nikolai
Chairman of the Board - General Director RusHydro