Unipro PJSC and RUSAL agreed to settle the litigations initiated by RUSAL entities against Unipro PJSC in connection with the accident at Berezovskaya GRES in the Krasnoyarsk Territory owned by the latter. Bratsky, Sayanogorsky, and Novokuznetsky aluminium smelters and RUSAL Energo took legal actions to claim a refund of capacity payments for 2016 totalling at RUB 385,854,056.78 and to terminate the relevant capacity supply agreements (CSA) made by the companies referred to above with respect to Berezovskaya GRES Power Unit No. 3 damaged in the accident.
The parties agreed to meet their mutual obligations under the CSA in respect to Berezovskaya GRES Power Unit No. 3 and on the importance of brining it back to an operational mode within the shortest timeframe to ensure a price and energy security in Siberia.
As a result of the negotiations, Unipro PJSC and RUSAL have reached a bilateral beneficial agreement and RUSAL have waived all relevant claims. The content of the bilateral agreement is an internal matter for both companies and is not disclosable.