Russian concern "Power Machines" won the tender to equip hydroelectric power stations in Iraq

The Russian power engineering machine-building concern "Siloviye Mashiny" (Power Machines) won the tender to equip hydroelectric power stations in Iraq.

According to the information provided on Thursday to RIA Novosti in the press service of the concern, another five enterprises in addition to the "Energomashexport-Siloviye Machiny" open joint-stock company (the sales and managing company of the concern) took part in the tender. Among them were two foreign manufacturers of power engineering equipment from China ("Dunfan") and France ("Alstom"). Nevertheless technical solutions and prices proposed by the company "Energomashexport-Siloviye Mashiny" were recognized by the tender commission as the best.

The client was the "General Company for electric projects" of the Iraqi Energy ministry. The contract will be implemented by Russian power engineering machine-builders on "turn-key" terms and conditions (without the construction part). The total cost of the contract will amount to approximately 77 million euros.

According to the project, the Makkul hydroelectric power station consists of four 64 MW-power-generating units. The equipment is expected to be delivered in 2003-2007 within the framework of the UN "Oil for food" program. The hydroelectric power station is scheduled to be commissioned in 2009 after completion of installation works.

The "Power Machines" concern comprises the "Leningrad metal works" joint-stock company, "Electrosila" joint-stock company, "Turbine blades works" joint-stock company, "Kaluga Turbine Works" joint-stock company and "Energomashexport-Siloviye Mashiny" joint-stock company.