OAO SILOVYE MASHINY KICKS OFF US$ 13,3 MLN PROJECT ON UPGRADING TURBINE AT MARY POWER PLANT
OAO Silovye Mashiny and the Ministry of power engineering and industry of Turkmenistan have signed a contract to upgrade one of eight turbines at the Mary state power plant in Turkmenistan in accordance with a decree signed earlier by Saparmurat Niyazov.
The cost of the contract is estimated at U.S. $13.3 million, the Silovye Mashiny said in a press release.
Equipment operated today in Mary were produced and supplied by a subsidiary of OAO Silovye Mashiny, the Leningrad Metal Works, in the early 70th, and now its resource is depleted, the press release says.
Under the contract, Silovye Mashiny will upgrade cylinders of high, middle and low pressure of the turbine with the capacity of 220 megawatt and examine turbosets to establish a technical possibility for the extension of its operational period.
Apart from this, the contract provides for the supply of spare parts to ensure scheduled repairs of equipment. It is also expected that the power plant's excitation system will be replaced by new relevant systems produced at Electrosila plant, one of OAO Silovye Mashiny's subsidiaries.
The concern's specialists have already started works on equipment upgrading. They plan to finish the work in October 2005. The capacity of the power unit will rise to 223 megawatt as a result of upgrading, which will make it possible to fully meet the country's annually growing demand for electricity as well as to honor export contracts.
The project is carried out within the framework of the agreement between Turkmenistan and St Petersburg on economic, scientific-technical and cultural cooperation signed during the visit to Ashgabat of the Russian delegation headed by St Petersburg's governor Valentina Matvienko in February 2004.
As a matter of fact, this trip of the governor of the Russian leading regional constituency gave a strong boost to the development of mutually advantageous economic relations. St Petersburg's enterprises view Turkmenistan as a big market for realization of their potential. In fact, OAO Vyborg shipbuilding yard began implementing a large-scale project on the construction of a new seaport of Ekerem on the Turkmen coast of the Caspian Sea. The government of Turkmenistan is also considering a number of other business proposals of mutual interest from St Petersburg's partners.
Thus, St Petersburg, the first of Russia regions to sign the cooperation agreement with Turkmenistan, began to reap the fruits of mutually advantageous partnership.