Energy

RusHydro forecasts electric energy generation at the level of 2016 in 2017

RusHydro forecasts electric energy generation at the level of 2016 in 2017 but admits that the result may fall by 3% and grow by 1%.

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In Q1, RAO ES of the East reduced generation of electricity by 9.2%

In the first quarter, stations of the holding company RAO ES of the East reduced the production of electricity by 9.2% to 9.291 billion kWh, RusHydro reports.

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Russia and Japan may start cooperation in the field of energy and oil processing

The Russian Minister of Energy Alexander Novak has discussed with Japanese companies the possible cooperation in the field of oil refining projects, electric power and power equipment.

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RusHydro recommends to pay dividends at 50% of profit under IAS

The management of RusHydro has recommended the Board of Directors to pay dividends at the rate of 50% of its net profit under IAS or 4.66 roubles/share.

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RusHydro reduced electric energy generation by 5.4% in Q1

RusHydro reduced electric energy generation by 5.4% in Q1 to 29 bln kWh, the company reports.

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Rosseti, EDF and State Grid Corporation of China study possibility of integration of European and Asian energy systems

Russian Rosseti, French EDF and State Grid Corporation of China work on the possibility of integrating electrical links through the unification of Europe and Asia through the Russian energy system,

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RusHydro to reduce its investment program by 19%

RusHydro plans to reduce the amount of its investment program in 2017 by 19% to 46.913 billion rubles including VAT.

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RusHydro plans to reduce investment program by 19% in 2017 – to 46.9 bln roubles

RusHydro plans to cut its investment program by 19% in 2017 – to 46.913 bln roubles taking into account VAT, the Ministry of Energy of Russia reports.

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Cherepovets metallurgical plant increases electricity generation

In the first quarter of 2017, Cherepovets metallurgical plant (CherMK, part of the Severstal Russian Steel division) reached the maximum quarterly electricity generation in the company's histor

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RusHydro looks for income in UC Rusal

According to the Kommersant, RusHydro explores options for entering the project of UC Rusal for the completion of the Taishet aluminum plant construction.

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