POWER

Polyus renews hydropower deal

Polyus will purchase some 1.5 billion kWh of hydropower in 2022 from PJSC RusHydro

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The agreement states that Polyus will purchase some 1.5 billion kWh of energy in 2022.

The deal means that 100% of the energy demand of Polyus' assets located in Krasnoyarsk Territory and Irkutsk Region will be directly met by hydropower.

It follows a one-year agreement to supply renewable electricity from the Sayano-Shushenskaya HPP to Polyus' Krasnoyarsk Business Unit (Olimpiada and Blagodatnoye) was signed.

As a result, the level of electricity demand of the Company's operating assets met by renewable sources has reached about 90%.

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