Interfax reported that RusHydro allocated RUB 242 million to pay for construction of the Boguchansk Hydroelectric Station in August.

RusHydro is financing construction of the station in equal amounts with its partner in the project, United Company RUSAL.

Last week RUSAL reported that it had provided RUB 242 million in financing for BOGES in August.

RUSAL and RusHydro are providing financing for construction of BOGES on a 50 to 50 basis. Payment delays on RUSAL's part had created financing difficulties, but that issue was resolved in midsummer.

(Sourced from Interfax)