Joint Russian-French venture will soon work in Ufa
Tuesday, May 22, 2012
The French company Alstom and domestic RusHydro began to build a plant in Ufa that manufactures equipment for the needs of hydropower.
The French company Alstom and domestic RusHydro began to build a plant in Ufa that manufactures equipment for the needs of hydropower. Last year, a couple of these companies decided to create a joint venture called AlstomRusGidroEnerdzhi LLC. RusHydro in this project has 50 percent + 1 security. At the same time, Alstom was faced with the task of introducing the most modern methods of operational management, as well as the transfer to the joint use of advanced production technologies. To confirm their intentions, the partners recently signed the license agreement. The total investment in the new project will be at around 125 million euros.In the near future, construction work, staff training and equipment supply will be started. The first hydrotechnical equipment should be off the assembly line of the enterprise in 2014. The partner organization should start production of equipment for all categories of hydropower plants, from low-capacity (up to 25 MW) to huge power plants with a capacity of 150 MW.