The En+ energy and metallurgical holding and the government of Buryatia reached a cooperative agreement during the Eastern Economic Forum to support the Moksky hydroelectric complex. The collaboration centers on interaction and joint efforts to advance what is described as a pivotal regional project, with details reported by RIA Novosti.
The agreement was signed by Vladimir Kolmogorov, the director of En+, and Alexey Tsydenov, the head of Buryatia. Their signature marks a formal commitment to pursue the Moksky facility as a cornerstone for regional energy resilience and economic development. By aligning the resources and expertise of a leading energy group with regional governmental leadership, the parties aim to streamline planning, financing, and implementation for the two hydroelectric power plants envisioned in the Moksky project.
According to En+ and its leadership, the Moksky hydroelectric complex stands as the company’s most consequential undertaking for both the organization and the broader region. The expected generation capacity from the two plants is projected to supply electricity to new industrial facilities, sustain growing manufacturing and processing sectors, and catalyze broader transport infrastructure improvements across Buryatia. This integrated approach is intended to strengthen energy security while unlocking new opportunities for regional investment and employment.
Earlier, the press service attributed to the Deputy Prime Minister of the Russian Government, Dmitry Patrushev, indicated a federal budget allocation of around 6.5 billion rubles for 2024. The funding is earmarked for dam construction, the repair of water networks, and river cleaning activities, underscoring the government’s prioritization of water resources infrastructure and related maintenance across the country.
During a meeting held by the Federal Agency for Water Resources, Patrushev emphasized that in the preceding three years, with government support, more than 50 kilometers of dams have been erected, more than 220 kilometers of degraded riverbeds have been cleared, and 137 hydraulic structures have undergone repairs. In total, the government has allocated more than 23 billion rubles to these initiatives, including the 6.5 billion rubles designated for 2024. The emphasis on these projects reflects a broader strategy to modernize Russia’s water resource management and strengthen resilience to environmental and climatic challenges.
At the helm of Rosprirodnadzor, the agency responsible for environmental oversight, officials have highlighted the central environmental challenge facing the country. The leadership has signaled a concerted effort to balance hydropower development with ecological safeguards, aiming to preserve aquatic ecosystems while expanding critical infrastructure. This emphasis on environmental stewardship is intended to accompany industrial and energy progress, ensuring long-term sustainability and compliance with regulatory standards across Russia’s vast river systems.