17 Aug 2009 14:37

Power Machines and EMAlliance discussing construction of turbine at Indonesian CHP

MOSCOW. Aug 17 (Interfax) - OJSC Power Machines and Indonesian state energy company PT PLN (Persero) have signed a protocol regarding the supply to Indonesia of Russian power machinery, the Russian company said in its corporate publication.

"The possible first stage of our partnership is Power Machines' involvement in a consortium with EMAlliance and an Indonesian partner, Wijaya Karya, in the construction of a 660 megawatt block at the Chilachap combined heat and power plant (CHP)," the publication said, quoting the company's deputy director for South and Southeast Asia Maxim Shevchenko said.

During a recent visit by representatives from PT PLN (Persero), as well as PT Wijaya Karya (Persero), the possible production of turbine and generating equipment at Leningrad Metal Plant and the plant Electrosila, both part of Power Machines, was discussed. Various types of partnership were discussed during a meeting with Igor Kostin, the general director of the Russian concern.

Power Machines manufactures equipment for hydro, thermal and nuclear power plants, and for combined steam-gas plants. Alexei Mordashov's Highstat Ltd controls 69.9% of the company's shares, while Germany's Siemens has 25%. The company's production facilities are located in the Leningrad and Pskov regions as well as St. Petersburg, Kaluga and Ukraine.

EM Alliance produces and repairs equipment for boiler island power stations. It owns 70.84% of Red Boiler and has branches in Taganrog, Podolsk, Barnaul and Ivanovo. Auburn Investments Ltd is the sole owner of EM Alliance. Yevgeny Tugolukov is the main beneficiary of Auburn Investments.