OREANDA-NEWS. RAO “UES of Russia” and Novosibirsk oblast have entered into the agreement on social and economic cooperation and development of water-power engineering of the region.

According to the signed Agreement, RAO “UES of Russia” will provide performance of social obligations to workers of Novosibirsk HPP during transfer of power industrial-technological complex of hydro-station to the authorized capital of OJSC “HydroWGC” and will continue realization of the personnel selection directed on preservation of workplaces and labour safety.

OJSC “HydroWGC”, being the agent of RAO “UES of Russia” on the territory of Novosibirsk oblast, will provide realization of the expanded programme of modernization and reconstruction of Novosibirsk HPP directed on increase of reliability of work of hydro-station. During the period till 2011 the company plans to direct over 288 million roubles for these purposes.

In turn, the Administration of Novosibirsk oblast will support RAO “UES of Russia” and its subsidiaries, including OJSC “HydroWGC”, in realization of investment projects on the territory of the region.