The project for construction of the Bagayevsky hydrosystem has been approved by the Ministry of Economic Development and the Ministry of Finance, Deputy Transport Minister Victor Olersky told IAA PortNews following the final meeting of Rosmorrechflot’s Board held in Moscow.
Victor Olersky says the project is expected to be included into the Federal Targeted Programme “Development of Russia’s Transport System”.
Bagayevsky low head hydrosystem is needed due to extremely low water level at the Lower Don. It is to be put into operation in 2019-20. The construction is preliminary valued at RUB 22 bln including RUB 600 mln in 2016; 800 mln in 2017; 7 bln 187.3 mln in 2018; 524.8 mln in 2019 and 12 bln 887.9 mln in 2020.
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Expert Council of Rosmorrechflot’s Board approves specifications for designing of Bagayevsky hydrosystem >>>>