RusHydro’s Kamskaya hydropower plant’s capacity uprated by 14% after modernization
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) completed the rehabilitation and modernization of Kamskaya HPP hydropower equipment as part of RusHydro’s comprehensive hydropower modernization program. As a result, capacity of each of the plant’s 23 hydropower units increased from 21 to 24 MW, leading to increase of the plant’s overall nameplate capacity from 483 to 552 MW.
In addition to modernization of hydropower equipment, the modernization program provides for replacement of hydro-mechanical hardware (such as spill gates, turbine gates, protection grids). This part of the program is now 80% complete. Altogether, RusHydro plans to replace 24 sets of hydro-mechanical equipment – one for each segment of the water-spill dam.
Important part of the modernization program is automation of all control processes. By 2017 the plant will have a unified control and information system.
Modernization of the plant will enable to increase reliability and safety of equipment, minimize environmental risks, increase output during flood periods and substantially reduce cost of maintenance and repairs.
*Comprehensive modernization program of RusHydro's generation fleet for 2012-2020 with the outlook for 2025 provides for replacement of 55% of turbines, 42% of generators, 61% of transformers. This modernization will result in significant reliability, efficiency and security improvement of RusHydro generating facilities, increase in installed capacity of 779 MW as compared to the beginning of 2011. Expected growth of electricity generation will amount to 1375.6 GW.
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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