Putin approves 50 billion rouble Rushydro recapitalisation-Ifax

MOSCOW Thu Nov 22, 2012 2:29am EST

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MOSCOW Nov 22 (Reuters) - Russia's President Vladimir Putin has signed a decree authorising the 50 billion rouble ($1.6 billion) recapitalisation of state-controlled hydroelectric company Rushydro, from the 2012 budget, the Interfax news agency reported on Thursday citing comments by Putin.

Putin made the remarks at a Kremlin meeting with Viktor Ishayev, the presidential envoy to the Far East, and Evgeny Dod, Rushydro's chief executive.

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