Bloomberg News

RusHydro to Invest $7.1 Billion in 2012-2014, Interfax Reports

January 03, 2012

Dec. 30 (Bloomberg) -- OAO RusHydro plans to invest 227 billion rubles ($7.1 billion) in 2012 through 2014, Interfax reported, citing an unidentified person with knowledge of the program.

The plan for 2012 was cut by 14 percent to 88.9 billion rubles and for 2013 by 18 percent to 78.1 billion rubles, Interfax said. The amounts were discussed this week at a meeting with Deputy Prime Minister Igor Sechin this year, the news service reported.

To contact the editor responsible for this story: Torrey Clark at tclark8@bloomberg.net


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