FGC UES and Alstom Grid Signed Agreement on Cooperation
OREANDA-NEWS. December 29, 2010. JSC FGC UES and Alstom Grid signed an Agreement on scientific and technical cooperation in electric energy sector. The document was signed during the meeting of the Bilateral Committee on trade and economic cooperation and scientific and technical cooperation which took place in
In compliance with the Agreement the parties plan to carry out joint research in the area of development of power grid complex on the territory of the
Cooperation in planning, design, research and operation of power grids, including construction of Smart Grids, shall also be developed. Besides, the companies agreed to cooperate in development of HVDC power transmission technology, flexible alternating current transmission systems (FACTS), etc.
"Today both FGC and Alstom have gained large experience in the field of manufacture and operation of electrical equipment, implementation of innovative technologies of electric grid control, development and use of the latest systems. This information exchange along with cooperation on new projects will enable us to use technological capabilities of both companies at maximum efficient rate and will have positive influence on development of electric grid complex both in Russia and in France", ? Mr. Oleg Budargin, Chairman of JSC FGC UES Board commented on the Agreement.
"We are happy about this new stage of relations between Alstom Grid and FGC, which allows our company to participate in development of Smart Grids in
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