JSC South-Yakutskaya HPP, a 100% subsidiary company of JSC RusHydro, completed the pre-design work initiated in 2007 "Feasibility Study for the Cascade of HPPs on the River Timpton of the Nizhne-Timptonskaya HPP from the Kankunskaya HPP or the Idzhekskaya HPP". The work included pre-design development on assessing the impact of the investment project on the environment. The work carried out received a positive opinion from FGU Glavgosexpertiz of Russia. Acts were drawn up for selection of a land p[lot for design and construction of the HPP.
The basic materials of the pre-design "Feasibility Study for the Cascade of HPPs on the River Timpton" are posted on the website of JSC South-Yakutskaya HPP (JSC RusHydro subsidiary) www.yakutia.rushydro.ru
The design and construction of the Kankunskaya HPP, one of the plant of the cascade, constitute part of the comprehensive development project entitled "Comprehensive Development of South Yakutia", supported by the Investment Fund of the Russian Federation and the Government commission on investment projects of state significance; the concept and passport of the "Comprehensive Development of South Yakutia" projects have been approved.
The project provides for creation in South Yakutia of the a major industrial cluster on the basis of the economically efficient power provided by HPPs and the area's mineral and raw material resources: natural gas, uranium and iron ores, apatite and coal. The other participants in the project include the Government of the Republic of Sakha-Yakutia, Tekhsnabexport, IG ALROSA and Yakutskiye Ugli --Noviye Tekhnologii.
Once a relevant decision is passed on financing the design work for the Kankunskaya HPP out of the funds of the Investment Fund of the Russian Federation in accordance with the legislation of the Russian Federation, Public Discussions will be held of the Terms of Reference for performance of environmental impact assessment in consideration of comments received during the discussions of the Environmental Impact Assessment at the stage of the investment feasibility study.