ANNOUNCED AS TEMPORARYYes
The advance payment guarantee is at the amount RUB 4.999 billion (approximately 77.241 million USD). Its duration is 18 months. The advance payment guarantee is related to a project for construction of one out of four facilities under RusHydro's (Russia) investment programme for the construction of new power facilities in the Russian Far East.
The purpose of building Sakhalin GRES 2 is to meet the growing energy demand in the region and replace the retired facilities of Sakhalin GRES.
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets and from foreign subsidiaries.
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