RusHydro MICEX-RTS: HYDR in partnership with Alstom has started the construction of a $159m hydro power equipment manufacturing plant in the Russian Republic of Bashkortostan.

Energy Business Review reports that the two firms have set up a 51/49 joint venture (JV), JSC AlstomRusHydroEnergy.

A total of $14m will be used for construction works, purchase of equipment, recruitment and training of personnel.

The plant will manufacture main power generation equipment for small (up to 25MW), mid-sized hydro power plants (up to 100MW) and pump storage plants (up to 150MW), as well as auxiliary equipment.

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