In 2011, branch of IDGC North-West "Komienergo” will spend 309 million rubles to repair the transmission lines and equipment. It is almost 12% more than in the previous year.
Power Machines’ 2011 Business Plan foresees allocation of RUR 4.3 bln to finance the company’s current year investment program, up by 22% against the 2010 investment program. Both company assets and borrowed funds are to be used to finance the program.
GE announced the acquisition of next generation technology from Wind Tower Systems, LLC (WTS) that is expected to enable taller wind turbine towers. The need for taller, cost-efficient towers is becoming an important factor in the wind industry as blade lengths increase.
Alstom has signed a contract worth approximately €500 million with Norte Energia of Brazil to provide power equipment for the Belo Monte Dam, the world’s third-largest hydroelectric power plant with a planned capacity of 11,230 MW. The Belo Monte project will dam the Xingu river in Brazil’s northern Pará state.
A three-year agreement for social and economic cooperation has been signed today between the Company and the Administration of the Khanty-Mansiysk Autonomous Region (Yugra) in Khanty-Mansiysk. The agreement was signed by Chairman of Gazprom Neft Executive Board Alexander Dyukov and the Yugra Governor Natalia Komarova.
A growing demand for water is taking a heavy toll on the water table under the central California city of Visalia. To ease this burden, the city is upgrading its wastewater treatment plant, which will increase the amount of water that can be recycled and help reduce the need for pumping groundwater.
Mechel OAO (NYSE: MTL), one of the leading Russian mining and steel companies, announces the re-launching of the Nerungrinskaya washing plant at Yakutugol OAO, following the accident on December 26 which saw the collapse of three thickeners in the washing shop.
The President of Rosneft, Eduard Khudainatov, and other Company officials decided at a meeting to create a special group of managers responsible for allocation of motor fuels, which are produced and sold by the Company, and for monitoring of petroleum product sales in order to avoid unjustified overpricing on the domestic market.
GE announced that its 15,000th 1.5 megawatt (MW) wind turbine has been installed at Basin Electric Power Cooperative’s Crow Lake wind farm in South Dakota; one of 108 GE 1.5 MW turbines recently commissioned at the site. The turbine, which will be owned and operated by Mitchell Technical Institute (MTI) through an agreement with Basin Electric, will provide hands-on learning opportunities for students enrolled in MTI’s Wind Turbine Technology Program.
Standard & Poor's Governance Services affirmed its Governance, Accountability, Management Metrics and Analysis (GAMMA) score of JSC TGC-1 at the level of GAMMA-5.