Jsc rusHydro 2009 annual information update Table of contents

JSC RusHydro successfully completed an additional share issue placement  

 
87
 
On September 2
nd
, 2009, the placement period for common shares of an additional issue 
(Russian state registration 1-01-55038-E-037D) 
 
The total number of shares placed was 14,681,412,135, which amounts to 91.75% of the total 
number of shares of the additional issue that were schedule to be placed.  
 
The decision to increase the Company’s charter capital was adopted by a decision of RusHydro’s 
EGM held on November 17th, 2008.  
 
The total number of shares included in the additional issue was 16 billion common shares, with a 
par value of 1 (one) ruble. Therefore, the total value of the additional issue was RUR 16 billion. 
The accepted form of payment for additional shares was cash only. The price for the additional 
placed shares (including for shareholders holding pre-emptive rights) was set at 1 ruble per share 
by RusHydro’s Board of Directors in March 2009; this pricing is in full accordance with articles 
36 and 37 of the Russian Federal Law “On joint-stock companies.”   
 
RusHydro’s additional share issue – for placement via open subscription – was registered by the 
Russian Federal Service for Financial Markets (the FSFM) on May 14th, 2009. Based on the 
conditions of the Decision on the additional share issue, the placement period ends 111 days 
from the date that the Russian Government registered the additional share issue.  
 
The additionally placed shares may become tradable on the over-the-counter market following 
the registration of the Report (which is tentatively anticipated to be at the end of September). 
 Additionally, the shares may be traded on relevant exchange(s) following the procedure of 
listing the additional share issue. (Which is tentatively anticipated to be at the end of October). 
 
 
September 3 2009 
Over just 14 days, the assistance fund for victims of the accident has collected over 7.6 
million roubles in contributions  
 
By 3 September, 2009, the assistance fund for victims, families of the deceased and missing as a 
consequence of the accident at the Sayano-Shushenskaya HPP had already received 7 623 270 
roubles in voluntary contributions.  Over the two weeks since the programme “We are with you 
Sayano!” was set up, heads and personnel of electric power companies, as well as many other 
sympathetic people, have responded to JSC RusHydro’s call for support for the accident victims.  
Contributions continue to flow in to the fund. 
  
The management and personnel of JSC RusHydro are infinitely grateful for the support and 
assistance from all those who feel for people that find themselves in trouble. 
  
The accident caused the deaths of dozens of employees of JSC RusHydro, JSC Sayano-
Shushenskiy Gidroenergoremont, LLC Tekhnostroy, and OOPSK Avangard S.  On 20 August, 
2009, JSC RusHydro opened the charity programme “We are with you Sayano!” and began 
collecting contributions into the “Sozidaniye” fund, with which JSC RusHydro has long been a 
partner.  The funds collected will be used to support the families of the deceased, pay for 
treatment and rehabilitation of the victims. 
  
Any individual or organisation can make its own contributions in support of the victims and the 
families of those who gave their lives in the accident. 
 
Details for making contributions: 
  
Non-commercial Organisation Charity Fund “Sozidaniye” 

 
88
Settlement account No.: 40703810300000080888 
TIN 7705401519/770501001 
LLC Barclays Bank, Moscow 
Correspondent account No.: 30101810900000000460 
BIC 044585460 
OKONX 96190 
OKPO 57012709 
Purpose of payment: Charity contributions to the programme “We are with you Sayano!” 
 
In addition, JSC RusHydro is continuing to make lump-sum payments to victims and the families 
of the deceased and missing. 
On the initiative of JSC RusHydro, the Government of Khakassia,  residents, victims of the 
accident and relatives of the dead, a special Public Committee has been set up to handle 
provision of social assistance to victims of the accident, the families of the deceased and missing, 
as well as residents of the village of Cheryomushki. 
  
To support the Public Committee, JSC RusHydro has set up a Social Support Centre consisting 
of the directors of the company’s subsidiaries, lawyers, economists and other leading experts.  
The Centre provides advice and renders assistance to the families of the deceased, injured 
employees and the people of the village of Cheryomushki on a variety of issues, including 
compiling the documents required for receiving payments, providing housing, paying off bank 
loans and mortgages, as well as providing treatment and psychological assistance.  The JSC 
RusHydro Social Support Centre is operating within the Sayano-Shushenskiy subsidiary of the 
Siberian Federal Institute at Cheryomushki, 15.  24-hour Hot Line number: (39042) 3-26-87. 
   
The Sozidaniye Charity Fund was established on 3 April, 2001 and provides charitable and 
social support for socially vulnerable categories of Russian citizen. The Fund’s basic principle is 
to assist anyone who asks for help. The Fund is currently running 12 programmes for assisting 
children and adults in difficult circumstances. All the aid goes for specific purposes and all 
payments are confirmed by documents and are kept under strict control. All the Fund’s outlays 
are paid for by its founders and members of the trust council.
 
 
 
September 3 2009 
On the progress of restoration work at the Sayano-Shushenskaya HPP as of 12.00 hours on 
3 September, 2009  
 
Repair and restoration work at the Sayano-Shushenskaya HPP is proceeding according to plan. 
 
At this time 1827 people and 49 pieces of equipment are currently involved, round the clock, in 
restoration work. 
 
The inflow of water to the dam of the HPP is 2700 cubic metres per second, and the water is 
released through the spillway at a rate of 1560 cubic metres per second. The level of the 
headrace and the release of water through the hydro-engineering structures of the power station 
comply with the water release regime recommended by the Water Administration of the Angaro-
Yenisei Basin, adjusted in the operating mode.  The level of the upper pool is 537.41 metres (the 
normal level being 539 metres).  The level of the lower pool is 324.13 metres. The level of the 
water in the building of the Sayano-Shushenskaya HPP is at the 304.51 mark.  Pumping out of 
water is going on. 
 
At the Mainskaya HPP, hydro-units 1, 2 and 3, with an aggregate capacity of 200 MW, are in 
operation, the headrace level being 323.60 metres and 3 of the spillway gates being opened. 
 

 
89
Clearing of debris is continuing at the 310.00÷327.00 levels of the Sayano-Shushenskaya HPP, 
works are going on to repair the remaining roof of the turbine room and install metal structures.  
An agreement has been concluded with the company Stalkonstruktsia (Krasnoyarsk) to supply 
metal structures for repairing the façade and roof in order to complete the work on creating the 
thermal contour of the turbine room by 15 October. 
 
The rotor of hydro-generator 9 is being disassembled, as is hydro-generator 7, while work is 
going on to identify defects in equipment and restore the support column of the turbine room in 
the vicinity of hydro-generator 2. 
 
Direct current cable No. 2 is under inspection in the turbine room. The 0.4 KW Н9 own needs 
board and 6 KW busbars 1, 2 and 3 have been connected. Two 35/6 KW substations with a 
capacity of 10 MVA and 3.125 MVA have been installed and connected up for supplying the 
HPP’s own power supply needs. 
 
Water has been brought up to hydro-generator 8 at the 320.00 mark for the fire-extinguishing 
system for the turbine room. 
 
 
September 4 2009 
On the progress of restoration work at the Sayano-Shushenskaya HPP as of 18.00 hours on 
4 September, 2009  
 
The work create the thermal contour of the turbine room are planned to be complete by 11 
November 2009. Supply of metal structures for repairing the façade and roof of the turbine room 
will be completed by 15 October 2009.  The metal structures are supplied by the Stalkonstruktsia 
company (Krasnoyarsk).  
 
At this time over 2086 people and 64 pieces of equipment are involved, round the clock, in 
restoration work. 
 
The inflow of water to the dam of the HPP is 2700 cubic metres per second, and the water is 
released through the spillway at a rate of 3055 cubic metres per second. The level of the 
headrace and the release of water through the hydro-engineering structures of the power station 
comply with the water release regime recommended by the Water Administration of the Angaro-
Yenisei Basin, adjusted for the operating mode.  The level of the headrace is 537.88 metres (the 
normal level being 539 metres).  The level of the tailrace is 324.94 metres.  
 
At the Mainskaya HPP, hydro-units 1, 2 and 3, with an aggregate capacity of 200 MW, are in 
operation, the headrace level being 323.78 metres and 4 of the spillway gates being opened. 
 
Clearing of debris is continuing at the 327.00÷310.00 levels of the Sayano-Shushenskaya HPP, 
works are going on to repair the remaining roof and install metal structures.  The rotor of hydro-
generator 9 is being disassembled, as is hydro-generator 7, while work is going on to identify 
defects in equipment and restore the support column of the turbine room in the vicinity of hydro-
generator 2. 
 
Direct current cable No. 2 is under inspection in the turbine room. The 0.4 KW Н9 own needs 
board and 6 KW busbars 1,2,3 and 4, switch and control gear R11, one section of the board R12 
have been connected.  Switch and control gear R-T21 has been put into operation. Two 35/6 KW 
substations with a capacity of 10 MVA and 3.125 MVA have been installed and connected up 
for supplying the HPP’s own power supply needs. 
 
Water has been brought up to hydro-generator 8 at the 320.00 mark for the fire-extinguishing 
system for the turbine room. 

 
90
 
The teams are allowed access to the work in accordance with the access control system and strict 
control is being exercised over observance of labour discipline. 
 
 
September 7 2009 
On recent progress of restoration work at the Company’s Sayano-Shushenskaya HPP, as of 
12:00 September 4st, 2009  
 
Repair and restoration work at the Company’s Sayano-Shushenskaya HPP is moving forward 
according to plan. 
  
In order to complete works on establishing heated contour of the turbine room by October 15 
contract has been signed with “Stalmontazh” (Krasnoyarsk) for supply of steel structures for 
reconstruction of faзade and the roof.  
 
More than 2086 people and 64 pieces of equipment are currently involved in round-the-clock 
restoration work at the Sayano-Shushenskaya HPP. 
 
Water inflow to the HPP’s dam is 2,700 cubic meters per second, and water is released through 
the spillway at a rate of 3055 cubic meters per second.  
 
The level of the upper pool and the release of water through the hydro-engineering structures of 
the HPP fully comply with the water release regime that was recommended by the Angaro-
Yenisei Basin Water Administration, adjusted in the current operating mode.  
 
The level of the upper pool is currently 537.44 meters (regular level 539 meters), whereas the 
lower pool currently stands at 324.60 meters 
 
At the Mainskaya HPP, hydro-units 1, 2 and 3 (with an aggregate 193 MW capacity) are in 
operation.  The Mainskaya HPP upper pool level is 323.45 meters and 4 of the spillway gates are 
open. 
 
Clearing of debris at the level of 310.0-327.0 continues, as well as restoration of roofing of the 
turbine rooms and assembling of steel structures.  Disassembling of rotor of hydro-power unit 
GA 9 and dismantling of hydro-power unit GA7 are underway, the inspection of equipment for 
defects continues. Work is under way to restore the support column in the turbine room in the 
vicinity of hydro power unit GA 2. 
 
Inspection of the direct current cable  #2 of the turbine room is underway. The 0.4 KW shield of 
own needs is live as are 6 KW busbars of own needs Sh1, Sh2, Sh3, Sh4 and 2
nd
  and section of 
control unit KRU R11. Control unit KRU P-T21 is live. Two substations 35/6 KW with capacity 
of 10 and 3.125 MBA for own needs have assembled and went live. Water has been brought up 
to the fire-extinguishing system on level 320.00 to GA8. 
 
 
September 7 2009 
The Nizhegorodskaya HPP organises supplies of structures from the town of Semyonov for 
the Sayano-Shushenskaya HPP  
 
The first two vehicles with parts of assembly structures for restoring the turbine room of the 
Sayano-Shushenskaya HPP have left the town of Semyonov (Nizhniy Novgorod Region) for 
Khakassia.  The trucks, with their 40-tonne load, are in their second day en route and have 
already reached Perm, over a thousand Kilometres from Semyonov.  A special escort has been 
arranged for the column for the entire journey. 

 
91
  
It has been decided to restore the turbine room roof destroyed by the accident at the hydro-
electric power station according to the initial design, using the same technology and materials.  
For precisely this reason, the order to manufacture the metal casing for the turbine room of the 
HPP was placed with the firm ViSta - the leading enterprise producing space frames of the 
MArchI type, the production facility being located in the town of Semyonov.  Over 30 years ago, 
this enterprise produced the structures for construction of the Sayano-Shushenskaya HPP, and 
later for the Bureyskaya HPP. 
  
The load should reach the village of Cheryomushki, where the hydro-electric power station that 
suffered the accident is located, as soon as possible, in order to speed up launch of work on 
installing the structures.  Restoration of the roof of the HPP turbine room must be completed 
before the winter sets in.  During preparations for the winter season, creation of the thermal 
contour of the turbine room is also under way and it is planned to complete it by 11 November, 
2009. 
  
Over 2020 people and 43 pieces of equipment are currently engaged in the repair and restoration 
of the power station.   
 
 
September 7 2009 
The hydro-power and transformer equipment has been delivered to the Boguchanskaya 
HPP  
 
Three rotor wheels and seven transformers with a total weight of over 1 660 metric tonnes have 
been delivered by dump scow towed by motor vessels from the port of Krasnoyarsk to their 
destination point - the outsize, heavy cargo wharf of the Boguchanskaya HPP on the River 
Angara.   
 
The radiaxial rotor wheels of the turbine are manufactured for the Boguchanskaya HPP at the 
Leningrad Metal Works (LMW), one of the subsidiaries of JSC Siloviye Mashiny.  The first 
rotor wheel made by LMW was delivered to the Boguchanskaya HPP at the end of the 2008 
navigation period.  The rotor wheels for turbines Nos. 2, 3 and 4 have now been delivered to the 
power station. 
  
The time schedules for manufacturing and shipping the equipment to the Boguchanskaya HPP 
are drawn up in consideration of the short summer navigation period in Siberia.  The river-sea 
class vessel carrying three rotor wheels left the St. Petersburg sea-port pier on 10 July.  It passed 
through the Ladoga and Onega Lakes, along the Belomor-Baltic Canal to the White Sea and then 
reached the Yenisei by taking the Northern Sea Route. 
 
Having covered over 6.5 thousand kilometers, on 18 August, the vessel arrived at the 
Krasnoyarsk river port, after which the equipment was reloaded on to river barges for traveling 
along the Yenisei and Angara to complete its journey by water to the Boguchanskaya HPP.   
 
In addition to the hydro-power equipment, 7 outsize, heavy transformers produced by the 
Zaporozhiye Transformer Plant (Ukraine) under a long-term agreement concluded in 2008 for 
delivery of 15 power and auto-transformers were delivered by Yenisei River Shipping vessels to 
the Boguchanskaya HPP during the 2009 navigation season.  
 
During the period from 25 May through 5 June, the first batch of transformer equipment was 
shipped from the manufacturer's warehouse by rail to the sea port of Mariupol, where it was 
loaded on two river-sea class vessels for further shipping by water to Krasnoyarsk. 
 

 
92
The Vesyegonsk and Elektrostal motor vessels covered over 5000 Kilometres from the port of 
Mariupol along the River Don, the Volgo-Don Canal, the River Volga, the Onega Lake, the 
Belomor-Baltic Canal, through the White Sea, the Karsk Sea and up the River Yenisei to the port 
of Krasnoyarsk and, on 17 August, were ready for reloading at the Krasnoyarsk river port.   
 
The need for further transshipment of the turbine rotor wheels and transformers from ships on to 
river barges was conditioned by the navigation regime on the River Angara, which is too shallow 
for rive-sea class vessels to carry heavy cargoes directly to the wharf at the Boguchanskaya HPP. 
Let us recall that the total weight of the 7 transformers ready for transportation amounts to 1200 
metric tonnes: three transformers with a weight of 120 metric tonnes each and four of 210 metric 
tonnes each.  Each 7.86-metre diameter turbine rotor wheel weighs 155.6 metric tonnes. 
 
The barges bearing the transformers arrived at the Boguchanskaya HPP and were ready for 
unloading on 30 August.  On 5 September, the turbine rotor wheels were delivered to the 
construction site.  
 
JSC Siloviye Mashiny and JSC Zaporozhtransformator are continuing, in accordance with long-
term contracts concluded on the initiative of JSC RusHydro and OK RUSAL, to fulfill orders for 
supplying equipment for the Boguchanskaya HPP currently under construction.   
 
According to the terms and conditions of the contracts, Siloviye Mashiny company is responsible 
for designing, manufacturing and delivering nine hydro-turbines and nine-hydro-generators with 
a nominal capacity of 333 MW each to the Boguchanskaya HPP.  In addition, the specialists of 
the St. Petersburg power-machine-building company carry out installation supervision, hook-up 
and start-up operations.  The subsidiaries of Siloviye Mashiny are currently manufacturing 
equipment for the fifth hydro-turbine, as well as the fourth and fifth hydro-generators. 
 
The second and third batches of transformers will be delivered by JSC Zaporozhtransformator to 
the Boguchanskaya HPP in 2010 and 2011. 
 
Start-up of the Boguchanskaya HPP hydro-units, which is being constructed in the Krasnoyarsk 
Territory by the joint efforts of JSC RusHydro and OK RUSAL, is currently the most appropriate 
and efficient way of replacing the capacity of the Sayano-Shushenskaya HPP temporarily lost as 
a result of the unprecedented accident that occurred at the power station on 17 August, 2009.   
The installed capacity of the Boguchanskaya HPP is 3000 MW and it has an average annual 
output of 17.6 billion kWh of electric power.  At the moment, JSC RusHydro is drawing up 
proposals for revising its investment programme for 2009-2011 in consideration of accelerated 
start-up of the generating units of the Boguchanskaya HPP.  The company will present the new 
investment programme for consideration by the Government of the Russian Federation. 
Accelerated construction of the Boguchanskaya HPP, with start-up of the first three hydro-units 
in 2010, possible start-up of four hydro-units in 2011 and the remaining two in 2012, will reduce 
substantially the capacity shortage that has formed in the Siberian grid and provide for 
subsequent reliable and uninterrupted electricity supplies to consumers.    
 
 
September 7 2009 
On the progress of restoration work at the Sayano-Shushenskaya HPP as of 18.00 hours on 
7 September, 2009 
 
 
Since the restoration work at the Sayano-Shushenskaya HPP was launched, 7500 cubic metres of 
metal and ferro-concrete structures have been cleared.  Work is under way to restore the 
sewerage system in the HPP building and the heating system for the administrative technological 
building and steps are being taken to dismantle the 500 KW overhead crossing cables of blocks 
T4 and T5.   
 

 
93
Work goes on to reconnect the electricity supply to the facility (transformers T-89 and T-94 are 
now live) and to restore the electric power supply connections for the HPP's own needs.   
  
Over 2060 people are currently involved in the accident and restoration work at the Sayano-
Shushenskaya HPP, plus 57 pieces of equipment. 
Within the framework of preparations for the winter, the thermal contour for the turbine room of 
the Sayano-Shushenskaya HPP is being installed.  The plan is to complete this work by 11 
November, 2009. 
 
The rotor of hydro-generator 9 is being disassembled and hydro-generator 7 dismantled; work to 
identify defects and restore hydro-generator 6, hydro-generator 5 and hydro-generator 4 is in 
progress.  Installation of the metal structures of the support column in the turbine room near 
hydro-generator 2 has been completed and concrete is being laid.  Pump stations (artesian, 
drainage and sewage) have been started up, as has the hot water supply.  The smoke-removal 
system is also now in operation in the installation site block.  Preparations are under way to 
create additional entry routes to the construction zone of the turbine room of the right bank. 
 
The inflow of water to the dam of the Sayano-Shushenskaya HPP is 2450 cubic metres per 
second, and the water is released through the spillway at a rate of 3055 cubic metres per second.  
The level of the upper pool and the release of water through the hydro-engineering structures of 
the power station comply with the water release regime recommended by the Water 
Administration of the Angaro-Yenisei Basin, adjusted in  the operating mode.  The level of the 
upper pool is 537.09 metres (the normal level being 539 metres).  The level of the lower pool is 
324.73 metres. 
 
At the Mainskaya HPP, hydro-units 1, 2 and 3, with an aggregate capacity of 191 MW, are in 
operation, the upper pool level being 323.52 metres and with 4 of the spillway gates opened. 
 
Constant control is being exercised over the state of the water in the Yenisei River. 
 
 
September 8 2009