Alstom signs Memorandum of Understanding with RusHydro for development of hydropower in Russia

Press release, 7 October 2010:

Alstom Hydro, on 15 September 2010, signed a Memorandum of Understanding (MoU) with RusHydro, Russias largest power generation company, to participate in the development of the Russian hydropower industry.

The MoU includes a decision by both parties to consider possibilities of cooperation with respect to the reconstruction and refurbishment of several operating Russian hydropower plants, including pumped storage plants, as well as optimisation and maintenance.

Specifically, as a potential first case, Alstom and RusHydro have agreed to consider how they could cooperate on the modernisation of the Kubanski cascade Hydropower complex in the South of Russia and the new pump storage plant (2 x 70MW) at Zelenchuk.

In addition, Alstom and Rushydro are outlining ways for cooperation in hydropower research and development.

About Alstom
Alstom is a global leader in the world of power generation, power transmission and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 96,500 people in more than 70 countries, and had sales of over 23 billion* in 2009/10.
*Pro forma figures

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Jerome Bridon (Alstom Power) Tél. +33 1 41 49 38 78 jerome.bridon@power.alstom.com

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