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First units in operation at RusHydro's Ust-Srednekanskaya hydroelectric project

Ust-Srednekanskaya Hydropower Plant

The first two generating units at RusHydro's 570-MW Ust-Srednekanskaya hydropower plant have been put into operation, HydroWorld.com has learned.

Construction of the project began in 1991, with the plant expected to provide energy for developing mining operations in the region.

HydroWorld.com reported in 2008 that Russian mining company Polyus Gold had signed an agreement with RusHydro (LSE: HYDR) to purchase power generated by the plant.

In the meantime, the utility made a deal with the Kawasaki Corporation to provide energy from Ust-Srednekanskaya for a new liquefied hydrogen plant.

RusHydro said the project will also improve the reliability of energy supply to the Magadan region, which is currently powered almost exclusively by the Kolymskaya hydropower plant.

The next stage in the project's development is increasing the water head from its current 260 meters to 276.5 meters and commissioning a third unit.

Completion of the plant is expected in 2018.

For more new development news, visit here.

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