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Russian gas turbines

Company

Assets

2019: Inter RAO redeems 25% in the company

In April, 2019 reported to Inter RAO that redeemed 25% of shares of "Russians of gas turbines" from United Engine Corporation (enters into Rostec). Transaction amount was approximately $250 million. Now the company possesses 50% in the joint venture with General Electric.

It was reported that the transaction will allow Inter RAO to master almost alone huge 1.4 trillion rubles on the Program of upgrade of thermal power plants in Russia.

Shortly before it the former curator of the program for the line of the Ministry of Energy Alexey Teksler was appointed the governor to Chelyabinsk.

The new curator, the brother of the close friend Vladimir Putin Mikhail Manevich, Yury, consistently advocated the interests of Inter RAO in the supervisory board of Innovations in Power Industry non-profit partnership (advisory body across Gosprogramma). Also he headed many years the working group on small-scale power generation at council for coordination of development of energy industry at the Plenipotentiary Representative in the Northwestern Federal District. As the curator of this direction the secretary of state commission on energy industry Igor Sechin acts at this time.