OREANDA-NEWS. December 23, 2011. JSC RusHydro (ticker symbol: RTS, MICEX, LSE: HYDR; OTCQX: RSHYY) announces the results of the Board of Directors meeting from December 5, 2011.

The Board of Directors approved a program of comprehensive modernization of RusHydro's generation fleet for 2012-2025.

The program was developed in accordance with RusHydro's strategic plan after in-depth inspection and reliability assessment of hydrotechnical facilities, equipment and buildings. It optimizes a previously approved plan of technical refurbishment and upgrade to accelerate the modernization of the generation fleet, and was approved by research-and-engineering council of RusHydro.

In accordance with the document RusHydro plans to replace 50% of turbines, 40% of generators, 60% of transformers, ancillary equipment, control wiring and high-voltage switchgear.

The large-scale modernization will drastically increase the reliability, efficiency and security of the generation fleet of RusHydro, increase in installed capacity of 1GW,  sustainable growth of electricity generation.