Tajik energy ministry, Ukrainian turbine-producing company sign document on launching JV

DUSHANBE, December 6, 2008, Asia-Plus  — On December 5, Tajik energy ministry and Ukrainian leading turbine-producing company, open joint-stock company (OJSC) Turboatom, signed a protocol of intention on launching joint venture in Tajikistan for designing and manufacturing turbines for small and medium-sized power plants.  The document was signed in Kharkov within the framework of President Emomali Rahmon’s state visit to Ukraine.

Besides, Turboatom will resume supply of turbines for the Roghun hydroelectric power station (HPS) under construction and provide the Norak HPS with new turbines.

Referring to press service of Turboatom, Ukraine’s news agency Ukraine Daily reported on Friday that the sides are expected to consider organizing-legal issues related to establishment of the joint enterprise in Dushanbe in January or February 2009.  In Dushanbe, they will also discuss the equipment nomenclature.  

Cooperation in the field of hydropower was the focus of President Rahmon’s discussions with authorities of the Kharkov region and top managers of Turboatom.  The sides considered issues related to modernization of the Norak HPS that would allow increasing its rated capacity by 10 percent, Ukraine Daily said.  Besides, Turboatom expressed readiness to resume supply of turbines for the Roghun HPS under construction.  

Ukraine Daily quoted the Turboatom director general Viktor Subbotin as saying that production of the third unit for the Roghun HPS is planned to start in the near future.  “Today, some 30 percent of equipment produced for the Roghun HPS is stored at Turboatom,” Subbotin was cited as saying.  It is a good serious contract and tremendous opportunities for our enterprises, the director general said. 

In the meantime, atn.kharkov.ua reported that President Emomali Rahmon and Turboatom top managers had also discussed details of a contract on supply of equipment for the Norak HPS.  According to the news agency, Turboatom should receive 12 million US dollars for fulfillment of this contract.   Tajikistan has ordered six units for the Norak HPS, atn.kharkov.ua said, noting that the contract is expected to be signed by the end of this year.

The contract should be repaid over 3.5 years and Turboatom should supply two turbines to Tajikistan each year.  

Turboatom specializes in the production of turbines for thermoelectric and nuclear power stations, hydraulic turbines for hydroelectric power stations and hydro-accumulator stations, gas turbines for thermoelectric power stations, and steam-and-gas equipment as well as other energy equipment.  A 75.22% stake in the enterprise belongs to the state and is managed by the State Property Fund.

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