ROSATOM and RusHydro signed a cooperation agreement
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This news is classified in: Traditional Energy Nuclear

Jun 3, 2017

ROSATOM and RusHydro signed a cooperation agreement

On the 2nd of June at the St. Petersburg International Economic Forum ROSATOM and RudHydro signed a cooperation agreement.
The document was signed by Director General of ROSATOM Alexei Likhachev and President and CEO of RusHydro Nikolai Shulginov.
In the framework of the agreement, the parties plan for joint activities in technologies for renewables and electric energy accumulation systems. Besides, ROSATOM and RusHydro are to cooperate in automated process control systems (APCSs), big data storage and processing technologies, composite materials and electric engineering. The parties term deem as priority the joint development and implementation of imports phase-out technologies. ROSATOM and RusHydro plan to make up a working group and approve a roadmap to achieve stated goals.
“We are interested in cooperation with ROSATOM as mutual use of the companies’ potential, exchange of experience will facilitate development of the promising activity areas of RusHydro Group, including for developing of energy in Far East Federal District,” Nikolai Shulginov noted.
In turn, Alexei Likhachev stated: “ROSATOM already has a good backlog in release of own high-tech products in nearly all stated areas of the cooperation. However, joint efforts in R&D and business with RusHydro Group will allow us making a qualitative step in imports phase-out technologies for Russian electric power.”
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