...partners in the planned undertaking include OAO RUSAL and RAO UNIFIED ENERGY SYSTEMS (UES). The cost to complete the project within 5 to 7 years has been estimated at $4,000,000,000.

Upon completion, of the power station will have an installed generating capacity of 3,000 Mw and cost about $1,500,000,000 to build. In so doing, the agreement with RUSAL is expected to be implemented through RAO's 100% owned subsidiary, OAO HYDROOGK. The partners are then expected to build an aluminum smelter with a production capacity ranging between 500,000 and 600,000 tons per year in the region. The cost to complete the complex has been pegged at $2,500,000,000.

As things currently stand, RUSAL has earmarked part of its $100,000,000 investment budget for 2006 to fund a...

NOTE: All illustrations and photos have been removed from this article.



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