OREANDA-NEWS. A regular meeting of the Board of Directors of Power Machines chaired by Sergei Batekhin, Deputy Director General of Interros, was held on November 23, 2006.

According to the press service of Power Machines, Boris Vainzikher, Director General of Power Machines, presented objective vision of the company’s development till 2010 with account to the market look-out of the Russian power generation industry.

In the eye of Boris Vainzikher, the main development target of Power Machines till 2010 is preparation of the company to meet demands of the Russian power-generating companies that have started large-scale construction and technical re-equipment.

According to the updated forecasts, Russian power generation market will require commission of the generating capacities of above 100 GW over the next 10 years, market size value is 100 billion USD. 

Power Machines are planning to increase annual manufacturing capacity range from 8,8 GW in 2006 to 17 GW in 2011 to meet power generation requirements.

Power Machines have to hold leading positions on the Russian market and to become a strong world-wide player.  It means to conquer status of the preferable supplier of RAO “UES Russia” power companies by creating decisions that meet requirements of the Russian power-generating companies best of all. Power Machines set a mission to hold their ground on the international market by gradual proportion of the Russian and export contracts 60:40.

To execute the purposes it is necessary to solve a number of significant problems. First of all, we have to extend the product list of the produced equipment by manufacture of asynchronized generators, compensators and reversible hydro units for water-storage power plants, by increase of gas turbine capacity range, as well as by design of low-speed turbines with capacity of up to 1,700 MW based on our current technologies and on our possible technological co-operation with Siemens.

As part of this direction Rosatom and OJSC “Atomenergomash” are negotiating to arrange a joint powerful steam turbines (above 500 MW) enterprise. Power Machines and Siemens are developing a long-term partnership as part of the gas and turbine division in the field of gas and turbine technologies.