Power Machines wins generator deal for Russia’s 3,000-MW Boguchanskaya

Hydro utility HydroOGK and aluminum producer RUSAL awarded a contract September 7 to JSC Power Machines of Russia to supply generators for the 3,000-MW Boguchanskaya hydroelectric project being built on Russia’s Angara River.

The contract, worth more than 3 billion rubles (US$117.3 million), calls for design, testing, manufacturing, transportation, and supervision of installation of nine generators. Delivery is to be from 2009 to 2012.

Power Machines, Russia’s leading hydro equipment supplier, received another 3 billion ruble contract in December 2006 to supply nine hydropower turbines of 339 MW each for Boguchanskaya. Delivery of that equipment is to begin in 2008. (HNN 1/3/07)

Boguchanskaya is the largest power facility currently under construction in Russia. HydroOGK, RUSAL, and banking firm Vnesheconombank signed an agreement in April with regional officials to develop the Lower Angara region. Under the program, Boguchanskaya is to provide power to the Boguchany Energy and Metals Complex, a 600,000-ton-per-year aluminum smelter, and a 732,000-ton-per-year timber processing complex. (HNN 5/16/07)

HydroOGK and RUSAL secured a syndicated US$520 million bridge loan in March to finance the complex, 550 kilometers northeast of Krasnoyarsk.

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