Group “RusHydro” has reduced the investment programme for 2016-2019

Group “RusHydro” has reduced the investment programme for 2016-2019


The investment program reduced to 352.7 billion. It is noted that the group’s investment programme for 2016-2019 provides for the completion of previously initiated objects.

MOSCOW, 14 APR. Group “RusHydro” has reduced the investment programme for 2016-2019 to 352.7 billion rubles versus the previously planned 384,5 billion rubles, the company said on Thursday.

In March the Chairman of the Board “RusGidro” Nikolay Shulginov said that the investment program of the group (including JSC RusHydro and all subsidiaries) in 2016 may decrease compared to previously announced plans by 16.5% to 111 billion rubles.

It is noted that the group’s investment programme for 2016-2019 provides for the completion of previously initiated objects.