OREANDA-NEWS. April 19, 2010. According to a recent release of the Turboatom <TATM UK N/R>, the Russian RusGidro company is interested in participating of Turboatom in the construction and modernization of its hydroelectric power stations and pumped-storage hydroelectric power stations in Russia.

Millennium Capital sees this news as positive for Turboatom, just as any other news about partnership with an important customer. It is worth pointing out that RusGidro is the largest power generating company in Russia and the second largest hydroelectric power generating company in the world in terms of installed capacity.