OREANDA-NEWS. January 6, 2010. Moscow witnessed the meeting of the Board of Directors of JSC Irkutskenergo where they considered the issues concerning the activity of the Company. According to the results of the meeting they took the following decisions:

To approve the business plan of JSC Irkutskenergo for 2010. According to the plan in 2010 the profit from the realization will account for RUR 47,898 million which is 24% more than the expected figure of 2009.

To determine and approve the credit policy of JSC Irkutskenergo for 2010 with the limit of the credit portfolio at the level of 2009.

To approve the program of costs decrease of JSC Irkutskenergo. The total economy from the realization of the activities directed to the decrease of losses account for RUR 2,760 million. Key direction of the program is the optimization of the fuel costs.

To take into account information directed to the preparation and carrying out of JSC Irkutskenerogo fuel season during autumn and winter period of 2009-2010. On November 27, 2009 JSC Irkutskenergo got the readiness certificate to work during the autumn and winter season of 2009-2010. All the branches of the company work in accordance with the planned dispatch schedule. As of December 24 coal storage account for 2,510 thousand tons, the expected working capacity is 10,100 MW (in 2008 the same index accounted for 9,875.2 MW), including 2,661 MW at the thermal power plant; 7,439 MW at the hydro-electric power station, the total output at the thermal power plant and hydro-electric power station according to the forecast results will account for 57,825.0 million kWh. There are no restrictions in heat supply and power supply.

· To take into account information concerning the activities necessary to provide the failure free work of the thermal power plant JSC “Baikalsliy TBK” during the next autumn and winter season. In pursuance of the order of the Government of the Russian Federation and the order of the Board of Directors of JSC Irkutskenergo they developed the organizational and technical activities directed to the successful going through the autumn and winter season of 2009-2010. They go on carrying out the repair works of 2009-2010 years. They go on the implementation of the repair works in accordance with the approved plan of activities.