Russian power giants join forces
A new joint venture should see Russia's specialist nuclear power exporter join forces with its major conventional power plant constructor. They would cooperate on projects in Russia and abroad.
A new joint venture should see Russia's specialist nuclear power exporter join forces with its major conventional power plant constructor.
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| Some of TechnoPromExport's handiwork (Image: TPE) |
The companies said in a joint statement that they are the two biggest Russian companies working abroad and have 'common suppliers and technological approaches to design and construction of power plants.' They would begin to cooperate on the construction and management of power projects in Russia and abroad.
Sergei Schmatko of ASE signed the deal with Sergei Molozhavy of TPE, who said, "This step will help us reduce marketing costs and avoid unnecessary competition between the companies."
Centralisation
The alliance of ASE and TPE is just one part of an overall Russian strategy to solidify its power industry - and nuclear power industry in specific.
Almost all nuclear enterprises in the country are to be incorporated into a new titan, AtomEnergoProm (AEP), to be owned and controlled by the state. One step on the path to this centralisation is the change of status of many firms to that of an Open Joint Stock Company and the transfer of shares to AEP.
The Federal Atomic Energy Agency (Rosatom) has now announced that change in twenty more firms, including: VNIPIET, Atomenergoproekt, Zarubezhatomenergostroy, Lenatomenergostroy, Atomtekhenergo, Kurskturboatomenergoremont, the Atom-Service of Rosenergoatom Concern, the Zhilkoservice of Ministry of Atomic Energy of Russia, the Institute of Physical-Technical Problems, as well as the Baikal Hotel and the Commercial Advertising and Scientific-Technical Propaganda Firm.
