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The attraction of investments, innovative technologies, and equipment to RusHydro projects and the expansion of the Group’s presence in foreign markets based on its long-term experience in engineering, building, and operating energy facilities are the main objectives of the Company within its international activity.
The RusHydro focuses on long-term and mutually advantageous cooperation with foreign partners, which corresponds to the geostrategic interests of the Russian Federation. The main directions of international activities are:
While conducting its international activity the PJSC RusHydro follows such principles as:
The largest world generating and engineering companies and the power equipment producers including Mitsui, KOMAIHALTEC, Kawasaki Heavy Industries and Sojitz, Voith Hydro, GE, PowerChina and ZHEFU are the main partners of RusHydro.
Together with Japanese companies Mitsui, KOMAIHALTEC, Kawasaki Heavy Industries and Sojitz, the possibilities of joint implementation of projects in the field of development of HPPs, PSPs, wind and geothermal power facilities, as well as production of liquefied hydrogen are being explored. The cooperation with Voith Hydro on the project of localization of production and on the modernization of the equipment of the hydroelectric power plants of RusHydro is continuing. As a part of the comprehensive modernization of the assets of PJSC RusHydro in the field of thermal generation in the Far East of Russia the cooperation with energy companies and power equipment manufacturers of Japan, China, the United States and other countries is carried out.
As a part of advancing the competencies of the RusHydro scientific and project complex in the field of hydropower and RES to foreign markets, in 2016, the RusHydro’s engineering organizations successfully completed contracts for the provision of engineering services at facilities in Turkey and Vietnam. In 2016, a number of contracts and contracts for the provision of engineering services were concluded within the framework of energy projects, including in Tajikistan and India.
The Company concluded a number of agreements on cooperation and the implementation of joint projects with the largest foreign power corporations within the reporting year. The RusHydro participates in the meetings of intergovernmental commissions on trade and economic and scientific and technical cooperation between Russia and foreign countries. Those events result in the establishment of working contacts with foreign business partners.
Intercorporate documents signed in 2016
The PJSC RusHydro pays considerable attention to participation in the activity of international power organizations. The RusHydro representatives participate in committees and working groups of a number of non-profit partnerships and international organizations being the members of such organizations as:
The Company develops cooperation within international government organizations and integration associations including the Eurasian Economic Union (EEU) as a part of activities with the Eurasian Economic Commission (EEC); the CIS Electric Power Council (CIS EPC); the Asia Pacific Economic Cooperation (APEC); the Shanghai Cooperation Organization (SCO); BRICS, etc.
The Company is an active participant of large international forums, exhibitions, and conferences on thermal power, hydropower, RES, and heat supply. In 2016 the RusHydro Group sponsored and actively participated in the East Economic Forum which was an efficient platform for the establishment and strengthening of relations with foreign partners, especially with Asia-Pacific countries, and attracting investors to Far East energy infrastructure development projects. Also the traditional international platform for RusHydro’s presence is the St. Petersburg International Economic Forum.
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4.1 Corporate governance system