At the meeting of the Board of Directors of OAO Power Machines, held on July 27, decided to establish a branch company in Brazil, said the company.
The main objective of establishing a branch - the need for an early withdrawal of OAO Power Machines on the largest electricity market in Latin America, holding on to its largest regional markets for third place in the world. The branch will be located in the city of Sao Paulo.
At present, the company sells a number of major projects in Latin America. Power Machines manufactured and supplied equipment for the hydroelectric power station San Joao in Brazil (two hydroelectric power from 41 MW) hydroelectric power station La Yeska in Mexico (two hydraulic capacity of 375 MW). In addition, in the final stage of construction projects for hydroelectric power station Kileko (two hydraulic capacity of 36.5 MW) and hydroelectric power station La Igeyra (two hydraulic capacity of 77.5 MW) in Chile, as well as hydroelectric power station Los Karakoles (two hydraulic capacity of 65.2 MW) in Argentina.
Earlier in the Latin American market Power machines has successfully completed several major projects, produced and supplied hydraulic equipment for the hydroelectric power station under construction in Mexico, Aguamilpa a capacity of 975 MW hydroelectric power station Uites a capacity of 442 MW hydroelectric power station and the El Kahono a capacity of 750 MW, as well as for hydroelectric power station Urra-1 capacity of 340 MW in Colombia.
Total Latin America operated power equipment manufacturing Power Machines with total capacity of more than 8830 MW. The installed capacity of power plants the Latin American region is estimated at 300 gigawatts. The basis of the region is hydroelectric energy (about 52%), as well as thermal power plants (about 45%).
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