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JSC RusHydro meets its obligation to acquire housing for families of those individuals who died as a result of the accident at the Sayano-Shushenskaya HPP

SC RusHydro (ticker symbol: HYDR; MICEX, RTS and LSE) continues to provide specific material assistance to the families of workers who died as a result of the Sayano-Shushenskaya HPP accident, allowing these family members to acquire housing.  

Within the scope of providing social support to the families of deceased employees and the injured, RusHydro has allocated funds to purchase 16 apartments and the procedure for carrying out these transactions was initiated immediately.  The list of apartments already acquired now totals 19, which have cost 27 million rubles to date.

Housing acquired using RusHydro funds will be provided to families, including minors, orphans and pregnant women who did not previously own housing. To date, five relatives of deceased workers from the Sayano-Shushenskaya HPP have already received apartments - Marina Korshunova, Natalia Korshunova, Elena Schin, Anna Goryavina and Elena Bezrukova.

Now, an additional 14 apartments are in the process of being selected in consultation with family members.  Seven of these apartments are located in the Central Micro-District of Sayanogorsk and the remaining 7 are being selected directly by the relatives themselves, on the re-sale market.

In addition to acquiring apartments and providing them to affected families, RusHydro is carrying out a broad range of work to provide key social support to the families of the deceased and injured. A resolution from the Company’s Board of Directors approved 2009 transfers of 185 million rubles to eliminate social consequences of the accident. As of today, the Company has fulfilled all its obligations to make lump-sum payments to the families of the deceased in the amount of 110 million rubles.  This sum includes payments to all families of deceased workers in the amount of 38,170 rubles for funeral expenses, material assistance to the families of the deceased in the amount of two average monthly wages of the deceased worker and additional material assistance in the amount of 1 (one) million rubles. The Company continues to pay individual stipends, non-state pensions and material assistance to dependents.  One-time payments are being made to the injured in amounts ranging from 50 to 150 thousand rubles, bank loans of deceased family members are being paid off, and jobs are being found at the HPP and at other power companies for family members of deceased workers.

In the village of Cheryomushki, RusHydro is also implementing a number of infrastructure projects, including constructing a bath and health complex and building a skateboarding park for youth. In addition, the Company is purchasing two specialized vehicles for the Cheryomushki ambulance station and is actively engaged in other projects.  A modern new canteen, which can provide meals for up to 1,000 people per hour, has already been opened. To honor the victims of the accident, two chapels have been built and illuminated — one is on the territory of the HPP itself and the other is located where the dead have been buried.

The Company has established a system to provide psychological assistance to the population, including performing unscheduled medical examinations on personnel at the Sayano-Shushenskaya HPP, as well as for workers from JSC Sayano-Shushenskiy Gidroenergoremont.  A program is being developed to rehabilitate and provide other health measures and assistance to people who do not currently meet the criteria for receiving assistance from the Social Security Fund.

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