September 2, 2021, Vladivostok, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces entering into a cooperation agreement for development of EV charging infrastructure between RusHydro and Rosneft. Roman Berdnikov, Member of the Management Board, First Deputy Director General of RusHydro and Avril Conroy, Vice-President or Rosneft’s retail business signed the agreement at the Eastern Economic Forum.
The parties agreed to develop EV charging infrastructure and install RusHydro’s new charging stations at Rosneft’s gas stations. Currently, six RusHydro’s fast-charging stations are under operation at Rosneft’s filling stations in the Far East Federal District. Each year RusHydro plans to install up to 20 additional charging stations.
The new EV charging facilities will be also located on the Moscow-Vladivostok federal highway, RusHydro’s Silk Road project linking Russia’s capital with the capital of the Far Eastern Federal District. The federal highway will include 80 EV charging stations located not more than 150 km between one another. The Silk Road will pass through 18 regions of the Russian Federation. Rosneft will be RusHydro’s key partner in the project as it has one of the most developed filling stations network in Siberia and European part of Russia.
Up to date, RusHydro’s EV charging network consists of 48 fast-charging stations in seven regions of the Far East Federal District including Primorsky Krai, Khabarovsk Krai, Magadan region, Amur region, Kamchatka, Jewish Autonomous region and Sakhalin region. By the end of the year, the network will consist of 60 stations, while in 2022 that number will reach 150 connecting all key cities of the Far East.