OREANDA-NEWS. JSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that it has signed a guarantee agreement with VTB Bank under 12-year loan facility in the amount of RUB 6.6 bn provided to RAO ES of the East to finance the construction of the offsite infrastructure facilities (power transmission line, roads and railways, etc.) for the Yakutskaya TPP-2.

The guarantee agreement with VTB Bank was approved by the Board of Directors of RusHydro on April 29, 2015.

The 1st stage of the Yakutskaya TPP-2 is one of four priority projects of RusHydro in the Far East of Russia. The electric capacity of the first stage of the plant will be 193 MW, heat capacity – 469 GCal/h.

The new plant will replace the retired capacities of the Yakutskaya TPP, create spare capacity and improve reliability of power supplies in Sakha, Yakutia. New gas-fired plant will displace a part of inefficient and environmentally harmful boiler plants and provide heat supplies to customers.