Rus News Journal

Khristenko became the chairman of board of directors “ gidroogk “

At the first session of board of directors of Open Society “ gidroogk “ in new structure by the chairman of board of directors the minister of the industry and power of the Russian Federation Victor Khristenko is selected, informs the PRIME - TASS.
the vice-president of board of directors “ gidroogk “ the chairman of the board of the Russian Open Society " is selected; UES of Russia “ Anatoly Chubays. Also the company board of directors has confirmed a monetary estimation of the property brought by the Russian Open Society “ UES of Russia “ in payment of additional actions “ gidroogk “ at market cost. The stock value of several HYDROELECTRIC POWER STATIONS and other enterprises, before the belonging Russian Open Societies “United Power Systems“, has made 17,375 mlrd rbl. Besides it, the conclusion of the credit agreement from the European Reconstruction and Development Bank for the sum to 6,3 mlrd rbl. has been approved and not above 3,65 % annual with repayment term in 2020 Definitive approval of the transaction of the European Reconstruction and Development Bank is planned by the interest rate for the end of July, 2006

the Founder of Open Society “ gidroogk “ and the owner of 100 % of shares of company is the Russian Open Society “ UES of Russia “. For July, 2006 formation of target structure of Open Society " proceeds; gidroogk “. By the time of end of formation of Open Society “ gidroogk “ will unite about 50 HYDROELECTRIC POWER STATIONS with the general established capacity 23,3 GVt.