RUSAL, RUSHYDRO TO SLASH CONSTRUCTION COSTS AT BOCUCHANY HYDRO 40 percent

摘要

UC Russian Aluminum (RUSAL) and RusHydro will cut expenditures on construction work and equipment at the Boguchany Hydro-power Plant by 40 percent in 2009-2010, saving about 8 billion rubles. RUSAL made the proposal to cut costs at a meeting with government officials on March 2, and this suggestion was supported by representatives of RusHydro, a source familiar with the progress of these companies' Boguchany Energy & Metallurgical Association (BEMO) project told Interfax. Costs must be reviewed in light of the situation brought on by the global financial crisis, he said.