« BACK  

Cooperation agreement with Russian power grid company Rosseti

The agreement, signed during the Italy-Russia business forum, focuses on technological cooperation in the field of power transmission and distribution in Russia
The agreement, signed during the Italy-Russia business forum, focuses on technological cooperation in the field of power transmission and distribution in Russia

On the occasion of the Italy-Russia Business Forum, being held today in Trieste, Prysmian Group, world leader in the energy and telecom cables and systems industry, has signed a technical cooperation agreement with JSC "Rosseti", Russia's largest power grid company, to develop power transmission and distribution technology in Russia.

The agreement, signed by Valerio Battista, Prysmian Group CEO, and Oleg Budargin, JSC "Rosseti" CEO, determines development prospects regarding the exchange of information in order to analyse and develop solutions for power transmission systems with voltages of up to 500 kV. The systems in question include high voltage cables as well as joints, terminations and grid monitoring equipment. One of the objectives of this collaboration is to develop post-installation support systems capable of ensuring the continuity of grid operation through prompt intervention and prevention of failures.

"This agreement confirms Prysmian as a partner of JSC "Rosseti", a company engaged in the construction and modernisation of electric power infrastructure in Russia", said Valerio Battista. "Prysmian will make available its array of technologies and know-how developed through years of international experience of constructing power grids around the world. Together we will study solutions that will let "Rosseti" optimise its investments, while augmenting its efficiency and reducing environmental impact."

Investments in Russia's electricity grids have seen a major revival in recent years, and are expected to carry on growing in the medium term. This is behind Prysmian's decision to expand in this country, considered a high-growth strategic market. The Group has been recently involved in building high voltage grids in St. Petersburg and in upgrading the transmission grid in Moscow, and it has also supplied cables of up to 330 kV for the 30 most important Russian power transmission projects of recent years.

As part of a $ 55 million investment in the Russian market to start local production of medium and high voltage cables, Prysmian has recently inaugurated a new factory in Rybinsk in the Yaroslavl region, completing another step in its expansion plans in this country. After the acquisition in 2009 of Rybinskelectrocabel, an established Russian cable manufacturer, the Group's expansion in Russia continued following the merger between Prysmian and Draka, with the integration in 2011 of the St. Petersburg's Neva Cable factory, which makes copper and optical telecom cables.

The Rybinsk plant, which also produces cables for the Oil&Gas industry, fire-resistant low-smoke-zero-halogen building wires and cables for industrial applications, will cover, therefore, the full range of applications in the energy cables business with 35 kV medium voltage cables and 330 kV extra high voltage cables with cross-sections of up to 2,500 mm2 and insulated with cross-linked polyethylene (XLPE). The signing of the technology development agreement with Rosseti, together with the inauguration of this new industrial facility, marks a key stage in the Group's growth plans for the Russian market. The development of local production, undoubtedly, gives Prysmian a competitive edge and will help enhance its presence in this strategic high-potential market.

PUBLISHED: 27 Nov 13 Bookmark and Share
Company:
Prysmian Group
Country:
Italy
Tel:
+39 02 6449 1
Fax:
+39 02 6449 1
Email:
marketing.energy@prysmiangroup.com
Website:
www.prysmiangroup.com
Other News from Prysmian Group:

»
Prysmian supports ultra-broadband development in Italy
»
Prysmian Group and Nanocomp Technologies sign technology cooperation agreement
»
Innovation and project execution for offshore wind farms in Northern Europe
»
Prysmian Group to acquire the assets of the Shen Huan Cable for € 42 M
»
Reopening of the Guatapé hydroelectric plant in Colombia
»
Prysmian at CIGRE 2016
»
Prysmian continues investing in the most competitive areas in Europe
»
Prysmian ready to offer the widest range of cables compliant with CPR
»
Power transmission submarine cable link between Sicily and Calabria
»
Double technology milestone in the field of power transmission
»
Breakthrough HVDC cable technology for power transmission grids
»
New cable solution enabling up to 15% cost reduction of offshore wind farms
»
Prysmian presents biggest European optical fibre plant
»
Prysmian sustaining the development of broadband networks
»
Prysmian reconfirms its technology and innovation leadership in the cable industry
»
Prysmian develops its highest fibre-count underwater cable for FirstPath
»
Prysmian's Cable Enterprise ready for sail out following upgrade works
»
Strengthening submarine power cables production capabilities
»
Fourth edition of international graduate program launched
»
Prysmian Group increases to 100% share in Estonian Keila Cables
»
Prysmian, new contract for Ausgrid power grid upgrades in Sydney
»
Prysmian, €40 M contract for a new underwater power link in Ireland
»
Prysmian secures BorWin3 project worth in excess of €250M
»
New contract for High Voltage cables in Denmark
»
Prysmian at EWEA Annual Event 2014 in Barcelona
»
Prysmian Group completes operations in Vietnam for South East Asia’s longest undersea cable system
»
Super safe eco-sustainable cables for Expo 2015 site
»
EIB funding of €100 million for R&D by Prysmian Group in Europe
»
Cooperation agreement with Russian power grid company Rosseti
»
Prysmian Group to showcase at EWEA Offshore 2013 In Frankfurt
»
Prysmian Group invests in the managers of tomorrow
»
New major contracts with Petrobras for Umbilicals and Flexible Pipes
»
Prysmian Group to showcase for the first time at KIOGE - Kazakhstan
»
Prysmian Group secures first-ever submarine power link in Capri
»
Prysmian implements with Terna the first High Voltage grid with high-performance eco-sustainable cable
»
Prysmian to strengthen its offer for marine and offshore application
»
Italy's tallest skyscraper cabled by Prysmian
»
Substantial completion of the "Hudson Project" power link achieved
»
Prysmian awarded contract to install submarine cables
»
Prysmian Group opens new optical cable plant in Slatina, Romania
»
Prysmian Group to showcase at OTC 2013 in Houston, TX
»
Prysmian secures DolWin3 project worth in excess of € 350 m for the grid connection of offshore wind farms in Germany
»
Prysmian Group chooses sailing to communicate the brand internationally
»
Prysmian at Middle East Electricity 2013
»
British Government names Prysmian 'Investor of the Year' in the UK


Industry News:
Cimteq wins the Export and International Trade Award
Cimteq wins the Export and International Trade Award
Cimteq Ltd, UK
Schneider Electric new current sensor made of DuPont™ Zytel®
Schneider Electric selects DuPont™ Zytel® for development of smart housing in high current connected air circuit breaker
DuPont de Nemours International SA, Switzerland
Wire & Cable Guangzhou exhibition floor
Wire & Cable Guangzhou returns in June 2018
Guangzhou Guangya Messe Frankfurt Co Ltd, China (PR)
The ISA-BRAZE® high-temperature solders ensure excellent resistance and corrosion resistance under extreme conditions
First presentation of ISA-BRAZE® at Schweißen & Schneiden 2017
Isabellenhütte Heusler GmbH KG, Germany
Production increase at Shenzhen site reflects growing demand for advanced materials
DowDuPont Specialty Products announces DuPont™ Zytel® and Hytrel® capacity expansion
DuPont de Nemours International SA, Switzerland
The cover page of NIEHOFF Magazine 2/2017
Considerable cost savings
Maschinenfabrik Niehoff GmbH & Co KG, Germany
Regina E-F.A.S.T. (ecological, friction abating sliding thermoplastic) material - The fruit of a four-year long joint project between DuPont and Regina, world leader in the development of conveyor chains and belts
Collaboration between DuPont and Regina leads to the launch of Regina E-F.A.S.T.
DuPont de Nemours International SA, Switzerland
Rod and wire cleaning by SB brushing
system
Rod rust removal - dry, green and clean
Decalub, France
Prysmian supports ultra-broadband development in Italy
Prysmian supports ultra-broadband development in Italy
Prysmian Group, Italy
Left: Matt Graham - Process Engineering Manager; right: Adam Dent - Quality Assistant
Mount Joy Wire announces hiring of process engineering manager and quality assistant
Mount Joy Wire Corporation, USA
» VIEW ALL NEWS «