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Meeting of OAO Irkutskenergo Board of Directors in Irkutsk on July 15, 2011

The meeting of the Board of Directors of OAO Irkutskenergo took place in Irkutsk on July 15, 2011, concerning the operation issues of the Company. The following decisions were made at the meeting:
• approval of innovative development and modernization program of OAO Irkutskenergo until 2017, which was developed for the middle term (5-7 years) in compliance with “Recommendations on innovative development programs”, approved by the decision of Government committee on high technologies and innovations as of August 3, 2010. The program is based of the key strategic directions of OAO Irkutskenergo development. It reflects the main events in the following areas: increasing the energy efficiency; increasing the environmental friendliness of the production; collaboration with universities and scientific organizations; making innovative products; business-processes innovations. The key direction is the development of technology with creation of industrial sample of lead-bismuthic reactor working on low-capacity fast neutrons, with reserved fuel nuclear cycle as well as the following commercialization of the abovementioned technology. In 2011, RUB 1.5 bln will be sent for the program implementation. The program received positive reviews of the Ministry of Energy of the Russian Federation and Ministry of Education and Science of the Russian Federation;
• certain large transactions and interest transaction under the implementation of OAO Irkutskenergo investment and innovative development programs were approved.
Press service of OAO Irkutskenergo
July 19, 2011


July 19, 2011
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