RusHydro

In 2018, RusHydro Group’s net profit grew by 28.5% to 32 bln rubles

In 2018, the net profit of RusHydro Group under IAS increased to 32 billion rubles, which is by 28.5% higher than in 2017.

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RusHydro to receive 13 billion rubles from budget for construction of two power lines in Chukotka

The Cabinet has allocated 13 billion rubles from the budget to RusHydro for the construction of two power lines in Chukotka, including 3 billion rubles from the reserve fund of the Russian governme

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RusHydro not to change politics of dividend payment

According to the Kommersant’s information, RusHydro refused to change its current dividend policy, intending to pay dividends to shareholders in the amount of 50% of the net profit under IAS

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Moody’s raises RusHydro credit rating to investment level

On February 12, 2019 the international rating agency Moody’s Investors Service Inc.

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Kyrgyzstan offers to Russia to return to Upper Naryn HPP project

Kyrgyzstan has offered Russia to return to the construction project of the Upper Naryn Hydroelectric Power Plant, an intergovernmental agreement which Kyrgyzstan itself canceled in 2016.

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Uzbekistan thinks about participation in construction of hydro-electric power stations in Tajikistan and Kyrgyzstan, but hasn’t made decision yet

The Uzbek authorities haven’t yet decided whether the country will participate in construction of hydroelectric power plants in Tajikistan and Kyrgyzstan.

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RusHydro increased electricity generation by 2.8% in 2018

In 2018, electricity generation by power plants of the RusHydro Group, taking into account Boguchanskaya hydro-electric power station increased by 2.8% compared to 2017, reached a record 144.2 bill

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RusHydro’s revenue in 2018 to be about 407 bln rubles, dividends are expected to be higher than last year

The revenue of RusHydro in 2018 will make up about 407 billion rubles, EBITDA - about 102 billion rubles. The net profit is expected to be about 30 billion rubles.

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In the first 9 months, RusHydro’s net profit grew by almost 40%, exceeded 43 bln rubles

The net profit of RusHydro Group has increased by 39.7% and amounted to 43.03 billion rubles.

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RusHydro withdraws from project of Verkhne-Naryn hydro-electric power stations

Board of Directors has approved termination of participation of RusHydro in Verkhne-Naryn hydro-electric power stations through sale of 2 500 000 pieces of registered ordinary shares of the joint s

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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