OREANDA-NEWS. In the course of the telebridge between the city of Moscow and the city of Kodinsk of the Krasnoyarsk Territory there was a formal ceremonyto launch the Boguchan hydro power station.

In the attendance of the formal ceremony were Russian Deputy Energy Minister VyacheslavKravchenko, Board Chairman, Director General of OJSC RusHydroEvgenyDod, UC RUSAL Director General VladislavSolovjev.

The project's implementation would promote the region's socio-economic development. At present, more than 500 people work at the power station. Tax revenues in budgets of all levels are expected to amount to 2 billion a year after the Boguchan power station achieves planned operational targets.

The new station will be among the five most powerful domestic hydro power stations and it will rank 21stin the world's rating. The Boguchan hydro power station will meet almost a third of the Krasnoyarsk Territory's electricity needs and 8% of the entire Siberia Federal District's electricity needs.