The construction of the dam in Rybinsk started in 1935. The filling of the reservoir started on April 14, 1941, and continued until 1947. Some 150,000 people had to be resettled elsewhere, and the historic town of Mologa in Yaroslavl Oblast along with 663 villages completely disappeared under water. Today the dam is less important for hydroelectric power supply (output is 346 MW) than it used to be.
References
^Paul R. Josephson. Industrialized Nature: Brute Force Technology and the Transformation of the Natural World. Island Press, 2002. ISBN1-55963-777-3. Page 31.