BALC Projects / Projects: Power Energy /

Bureya HPP / JSC RusHydro

Lease of the first, second, fifth and sixth hydraulic turbines, electro technical, hydro mechanical and other equipment (foreign or Russian-made).

Total contract value: RUB 1.9+ billion
Financing: Bank of Moscow

JSC RusHydro is Russia’s biggest power generation company and the second biggest in the world in terms of installed capacity. RusHydro is the nation’s leader in power generation from renewable energy sources such as:  wind, tides, waves and geothermal heat. As of 1 January 2009, the company’s installed capacity amounted to 25,336.6 MW. The company’s securities are traded in the quotation list A1 on the Russian MICEX and RTS stock exchanges. In July 2008, a program of global depositary receipts (GDR) was launched and in August 2008, JSC RusHydro shares were included in the MSCI EM and MSCI Russian indexes, guaranteeing greater liquidity of the company’s shares. In November 2008, Standard & Poor’s raised the corporate governance rating (RCG) of RusHydro to RCG-5+ and the national scale rating to RCG-5.7.

Bureya HPP, a branch of JSC RusHydro, is considered one of the largest power stations in Russia. It is located on the bank of the Bureya River in the Russian Far East.  The aggregate capacity of its six power units is approximately 2,000 MW.