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RusHydro completes construction of the 193 MW Yakutskaya GRES-2 in the Far East

November 1, 2017. Moscow, Russia. PJSC RusHydro (MOEX, LSE: HYDR; OTCQX: RSHYY) announces that construction of the first stage of gas-fired Yakutskaya GRES-2 is now complete. The facility’s key equipment has undergone comprehensive testing; the plant was cleared to start commercial operation.

Currently, Yakutskaya GRES-2 is in operation and supplies electricity to the central power system of Yakutiya (Sakha), and heat to consumers of Yakutsk.

Yakutskaya GRES-2 (2st stage) is one of four priority projects in the Far East of Russia implemented in accordance with the Decree of the President of Russia. Facility’s electric capacity is 193 MW, heat generation capacity – 469 GCal/h (including boiler). The new unit should substitute capacity of the retiring Yakutskaya GRES, create capacity reserve and increase reliability of supply.
The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially from these statements. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industries, as well as many other risks specifically related to RusHydro and its operations.
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