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RusHydro inaugurates Verkhnebalkarskaya small-scale hydropower plant

June 25, Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces inauguration of 10MW Verkhnebalkarskaya small-scale hydropower plant in Kabardino-Balkarian Republic. It is the company’s first facility built under the capacity supply agreement (DPM) for renewables. Nikolay Shulginov, Chairman of the Management Board – General Director of RusHydro and Kazbek Kokov, Head of Kabardino-Balkarian Republic, took part in the opening ceremony in the form of videoconference.

The facility is a run-on-river hydropower plant located on the Cherek River in the mountainous region with annual average electricity output is 60 GWh. The plant engineered by Hydroproject Institute is erected at the riverbed next to the slope allowing the water to be directed to the turbines under high pressure. It is equipped with three 3.34 MW horizontal hydropower units with radial-axial turbines rated at 125 meters manufactured by Voith Hydro. The units are engineered specifically for the small-scale hydropower plant situated at the mountainous river 1,000 meters above sea level. The electricity is supplied into the power system by 35 kV metalclad substation via 40km power lines to Kashhatau substation.

Nikolay Shulginov, Chairman of the Management Board – General Director of RusHydro commented: “Commissioning of Verkhnebalkarskaya small-scale hydropower plant is another step to ensure reliable power supply of Kabardino-Balkarian Republic. The new station will provide stable renewable electricity output and reduce the Republic’s dependence on power supply from other regions.”

Kazbek Kokov, Head of Kabardino-Balkarian Republic added: “Not only is Verkhnebalkarskaya small-scale HPP a renewable energy source with minimal impact on the environment, it also contributes to job creation and stable tax payments to the region’s budget.” He also thanked RusHydro’s team for their hard work and contribution to development of small-scale hydro in the region.

Vekhnebalkarskaya small-scale HPP is one of the five small-scale hydropower plants constructed by RusHydro in the North Caucasus Federal District as the region provides ideal natural conditions for small-scale hydro development. All five facilities (Verkhnebalkarskaya, Ust-Dzhegutinskaya, Barsuchkovskaya and Karasnogorskaya 1 and 2) are built with guaranteed return on investment under capacity supply agreements (DPM) for renewables.

Total installed capacity of hydropower plants operating in Kabardino-Balkarian Republic is 198.1 MW, out of which 73MW is small-scale hydro. Baksanakaya HPP, the older hydropower plant in Russia commissioned back under GOELRO plan is located in Kabardino-Balkarian republic as well. RusHydro operates 31 small-scale hydropower plants, 27 are located in the Northern Caucasus and four in the Far East. 

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