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Siloviye Mashiny signs $59mln power plant deal

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MOSCOW, January 23 (RIA Novosti) - Russian engineering company Siloviye Mashiny (Power Machines) has signed a contract worth $59 million to supply equipment to the Far Eastern Bureya hydropower plant, the firm said in a news release Monday.

The company is to design, produce, deliver, and install two hydraulic turbines and two hydro-generators with a capacity of 335 megawatts for two of the six units at the plant, which is owned by Russia's electricity giant Unified Energy System (UES).

Deliveries of the equipment will start in the second half of 2006, and the units are to be commissioned in June and November 2007 respectively.

Equipment for the four other units at the plant was produced by the St. Petersburg-based engineering firm Elektrosila, which is also part of the Siloviye Mashiny concern.

Bureya, on the Amur River in East Siberia, is Russia's largest hydropower project of the past 15 years, with a total generating capacity of 2,000 megawatts. The station is a priority for UES, vital not only for Far East energy supplies, but also for Russia's energy sector, the company said.

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