24.06.2016, 16:11
Board of Directors Approved Two Agreements between RusHydro and Development Fund
OREANDA-NEWS. PJSC RusHydro announces that the Company's Board of Directors held a meeting in absentia on June 23, 2016.
The Board of Directors approved two donation agreements between PJSC RusHydro and development Fund of Moscow Power Engineering Institute, qualified as interested party transaction, and determined the amount of donations.
According to the first agreement RusHydro donates RUB 6.5 mn to the Fund to finance the development of National Research University “Moscow Power Engineering Institute” (MPEI).
According to the second agreement RusHydro donates RUB 4 mn to the Fund to finance statutory activities of MPEI.
The Board of Directors approved a donation agreement between PJSC RusHydro and Fund of the Far-Eastern Federal University endowment, qualified as interested party transaction, and determined the amount of donations.
According to the agreement RusHydro donates RUB 30 mn to the Fund to make up the Far-Eastern Federal University development capital.
The Board of Directors preliminary approved a sale-purchase transaction in relation to movable and immovable assets of Eshkakonskaya and Uchkulanskaya small HPPs, as well as assets owned by JSC Karachaevo-Cherkesskaya hydrogenating company.
The Board of Directors approved two donation agreements between PJSC RusHydro and development Fund of Moscow Power Engineering Institute, qualified as interested party transaction, and determined the amount of donations.
According to the first agreement RusHydro donates RUB 6.5 mn to the Fund to finance the development of National Research University “Moscow Power Engineering Institute” (MPEI).
According to the second agreement RusHydro donates RUB 4 mn to the Fund to finance statutory activities of MPEI.
The Board of Directors approved a donation agreement between PJSC RusHydro and Fund of the Far-Eastern Federal University endowment, qualified as interested party transaction, and determined the amount of donations.
According to the agreement RusHydro donates RUB 30 mn to the Fund to make up the Far-Eastern Federal University development capital.
The Board of Directors preliminary approved a sale-purchase transaction in relation to movable and immovable assets of Eshkakonskaya and Uchkulanskaya small HPPs, as well as assets owned by JSC Karachaevo-Cherkesskaya hydrogenating company.
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