• Connect With Us:
  • RusHydro, Voith elect board for hydro turbine manufacturing joint venture

    RusHydro and Voith

    Hydro turbine manufacturer VolgaHydro LLC elected six members to its board of directors during its first meeting of shareholders earlier this month.

    VolgaHydro -- a joint venture between JSC RusHydro and Voith Hydro -- was announced in March as a producer of turbine and generator equipment, auxiliary mechanical and electrical systems, control systems, and modernization and rehabilitation services.

    Selected to VolgaHydro's board by the shareholders were:

    • Mikhail Mantrov, Deputy Chairman of the Management Board RusHydro;
    • Boris Bogush, Member of the Management Board, Chief engineer of RusHydro;
    • Maxim Zavalko, Head of Corporate Governance department of RusHydro;
    • Dr. Leopold Heninger, CEO and President of Voith Hydro;
    • Robert Schuhmayer, Member of the Board of Directors of Voith Hydro; and
    • Josef Gaschl, Member of the Board of Directors of Voith Hydro.

    The joint venture's audit committee was also elected, Rushydro said, with regulations for it and the board also being approved.

    RusHydro (LSE: HYDR) holds a share worth 50% plus one ruble, while Voith controls the remainder. The operation will be located in Balakovo City. VolgaHydro is expected to begin producing equipment in December 2015 before reaching its full capacity in 2020.

    For more technology and equipment news, visit here.

    Hydro Industry Financials

    Buyers Guide Products

    Pump Turbines

    For new and upgraded pump-turbines, American Hy...

    Rehabilitation and Total Plant Upgrades

    Turbine rehabilitation is directed by turbine e...

    Weir Turbines, Francis

    American Hydro can supply the turbine or the co...

    Weir Turbines, Kaplan

    Rugged reliability. This is the foundation of o...

    Temporary Bulkheading for Valve Replacement

    Hibbard Inshore can design, insert, and remove ...

    PXL Kaplan Turbine Seals

    Provides sealing for Kaplan turbines with seali...

    Most Read Articles

    Recent Comments

    Buyers Guide Companies

    Fematics Canada

    Engineers and manufactures mechanical seals for...

    Gracon Corp

    Offers turbine and heavy mechanical installatio...

    Paul Willis PE

    Conducts hydro turbine related equipment studie...

    Leroy Somer

    Manufactures alternators from the power range b...

    MJ2 Technologies SAS

    MJ2 Technologies is the designer and manufactur...

    Continuing Education

    Professional Development Hours
    To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

    Volume 32, Issue 10
    Volume 22, Issue 1

    Archived Articles

    2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
    Hydro Review Past Issues

    Premium Content AD Promo Space