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Obstruction on Bureyskoye Reservoir does not prevent water flow

The rock mass on the Bureyskoye Reservoir does not prevent the free flow of water any longer, RusHydro informed.

The size of the passage created by military bomb experts in the landslide mass on the Bureyskoye Reservoir has significantly increased during the spring flood. The passage capacity has increased to more than 7,000 cubic meters per second. There is no flood hazard for the settlements, the washing-out of the rock mass by the running water and the restoration of the Bureya river bed continues naturally. The water heads in the reservoir upstream and downstream of the landslide has become equal. Therefore, the obstruction does not result in backwater and does not prevent the free flow of the Bureya River anymore, the statement notes.

Public Joint-Stock Company Federal Hydro-Generating Company ? RusHydro unites 90 renewable power generation facilities in Russia and abroad, heat power plants and grid assets in the Far East, as well as power supply companies, research and development institutes. The company also holds 90% of the shares in International Energy Corporation CJSC. The installed capacity of the company's assets reaches 39 GW. In H1 2018, RusHydro Group increased the electricity output by 6% year-on-year to 67.371 billion kWh.

The company's authorized capital is RUB 426.289 billion. As of September 30, 2017, the Russian Government owned 60.5602%, National Settlement Depository 36.9963% of RusHydro shares.

RAS net profit of PJSC RusHydro for 2018 increased by 2% against the 2017 level to reach RUB 36.7 billion. EBITDA increased by 6% year-on-year to RUB 82.5 billion. Gross profit increased by 8% to RUB 66 billion. Revenue went up 6% year-on-year to RUB 127.8 billion.

IFRS net profit of RusHydro Group for 2018 increased to RUB 32 billion, which is 28.5% above the 2017 result. The group's net profit adjusted for non-cash items increased by 7.6% to RUB 71 billion. EBITDA increased by 5.3% to a historic high of RUB 110 billion. The group's total revenue exceeded RUB 400 billion in 2018 growing by 5.1% year-on-year.

"AK&M", 14.05.2019 12:32


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