OREANDA-NEWS. October 30, 2009. Russian state-owned company Inter UES intends to export HPP equipment to Ecuador with a view to future joint projects as part of aggressive expansion abroad. Inter UES, Roseximbank and local Hidrotoapi inked a protocol on cooperation in the power utilities sector which calls for supplies and assembly by a Russian company of equipment for the Toachi-Pilaton hydro power project with 246 mW capacity.

The Russian company plans to send to the government of Ecuador proposals on participation in the project in spring 2010. Roseximbank will finance works related to the HPP in Ecuador.