Cooperation Agreement signed between FSK EES and Alstom Grid in Moscow
Cooperation Agreement signed between FSK EES and Alstom Grid in Moscow
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The Chairman of the Management Board of OAO FSK EES*, Oleg Budargin, and President of Alstom Grid, Henri Poupart-Lafarge, have signed an industrial and technology cooperation agreement in the field of electric power transmission in Moscow.
The agreement, signed during a ceremony attended by representatives of the management of the two companies on 6 October 2010, aims at establishing a multi-faceted cooperation between Alstom Grid and OAO FSK EES for the modernization of the Russian electrical grid through improved local production of electrical equipment and the introduction of advanced Smart Grid technologies.
Under the terms of the agreement, the companies have agreed to study options for the localisation of the production of Alstom Grid equipment in the Russian Federation, according to the priorities of OAO FSK EES, and to support the homologation of Alstom Grids products.
A commitment has been made to regular collaboration on scientific and technological subjects in order to foster innovation and strengthen the efficiency, stability and reliability of the electrical grid. This collaboration will cover both technical and production process advancements for products such as high and ultra-high voltage power transformers, gas and air-insulated substations, high voltage direct current transmission (HVDC), Flexible AC Transmission Systems (FACTS), network management and substation automation solutions.
Alstom Grid will also provide warranty and after-warranty service of the equipment.
«FSK EES has launched implementation of a large-scale program for upgrading the trunk grid facility. An ultimate goal of this process is to construct the Smart Grid securing an unprecedented level of reliability and quality of power supply to consumers. The Agreement with Alstom Grid makes it possible to involve in this project a global leader in the production of electrical equipment and development of software solutions in the power transmission management. It is very important for us, and we count on a strong multifaceted collaboration», commented FSK EES Chairman of the Management Board Oleg Budargin.
Henri Poupart-Lafarge added, Russia is an important market for Alstom and FSK an important partner. Not only does FSK manage one of the largest electrical grids in the world today, but also has the ambition to develop an efficient and advanced Smart Grid. Through Alstom Grids ongoing cooperation with FSK, we are fully committed to playing a major role in this development.
Authorized representatives of the two companies will be appointed to develop and coordinate the implementation of a joint action plan as part of the ongoing cooperation.
* OAO FSK EES = Joint stock company, Federal grid company of the unified power system of Russia
Press Contacts
Stéphane Farhi (Corporate) - Tel : +33 1 41 49 33 08
James Millard (Alstom Grid) - Tel : +33 1 34 96 92 54
Isabelle Tourancheau (Alstom Russia & CIS) - Tel : +33 1 57 06 19 81