Alstom signs agreements in Russia energy sector, including hydropower equipment plant deal

Alstom has signed a series of agreements in the Russian power generation sector, including an agreement to build a manufacturing facility for hydropower equipment.

The first agreement, signed with RusHydro, Russia's largest hydropower generation company, is for the creation of a joint hydropower manufacturing facility in Ufa City in the Republic of Bashkortostan, Russia, in which Alstom will hold 50 percent (minus one share), Alstom reported.

The plant will manufacture hydropower equipment for small hydro plants with capacities of up to 25 MW, medium-sized hydropower plants with capacities of up to 100 MW and pumped-storage hydro plants with capacities of up to 150 MW, as well as auxiliary equipment.

Notably, the plant will provide equipment for the integrated modernization of the Kubansky Cascade hydropower complex, for which Alstom, the Russian United Energy-Construction Corp. and RusHydro signed an agreement in May 2011.

Alstom will carry out the rehabilitation of equipment and install a new instrumentation and control system. Its partner OEK will be responsible for all civil works. The protocol for the establishment of the facility was signed in February 2011 in Ufa, in the presence of the president of the Russian Federation Dmitry Medvedev.

Russia has more than one hundred hydropower plants, with the total installed capacity of 45,000 MW, the fifth largest in the world, Alstom said.

Alstom and Enova will assess available capabilities and technologies of both companies and set up broad areas of cooperation. In addition, Alstom signed three agreements with TGKs, operated by IES Holding (the power generation arm of the Renova Group) to deliver, between 2012 and 2013, five GT13 gas turbines to the three power stations Akademicheskaya (1 engine), Nizhneturinskaya (2 engines) and Novogorkovskaya (2 engines).

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