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RusHydro electricity generation up 6%
Monday, 23rd April 2012
RusHydro's total electricity generation rose to to 27,800 Gwh in the first quarter - 6% up on a year ago.Total generation - mostly hydro - was 4% higher excluding RAO Energy Systems of East which was acquired in October.
The underlying factors of the growth were:
* The launch of a fifth 640 MW brand new hydro-unit at Sayano-Shushenskaya in December
* Rigorous policy of water levels optimisation
* 5% increase in generation in the centre of Russia, primarily the hydropower plants of Volga-Kama on the back of better hydrological conditions
* 12% increase in generation volumes by Far East Generation Co - the largest asset of the RAO ES of the East holding - in the first quarter of this year compared with a year ago
At 4:28pm:
Story provided by StockMarketWire.com
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