OREANDA-NEWS. August 7, 2012. Hydromashservice - the trade company of HMS Group- signed a contract with Siberian Generation Company for production and delivery of pumping equipment for Abakan thermal power plant (TPP).

According to the contract, the Group will deliver high capacity centrifugal pumps of D-12500 type, produced by Nasosenergomash, for the new power generating unit of the plant under construction.

Abakan TPP (Republic of Khakassia, East Siberia) was put into operation in 1982. At present the installed electric capacity of the plant is 270 MW, the installed heating capacity is 625 Gcal per hour. Abakan TPP is the largest producer in the electrical grid of the Republic of Khakassia and the main thermal power supplier in Abakan city. The plant supplies over 90% of consumers in housing and public utilities.

Previously on March 2012 HMS Group has already signed a corresponding contract for production and delivery of PE type feeding pump for Abakan TPP.

The HMS Group is the leading pump manufacturer and provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utilities sectors in Russia and the CIS. The HMS Group’s products are mission-critical elements of projects across a diverse range of industries. It has participated in a number of large-scale infrastructure projects in Russia, including providing pumps and modular equipment to the Vankor oil field and pumping stations on recent trunk pipelines projects linking Russia’s core oil producing areas to export ports on the Pacific Ocean and Baltic Sea. The Group reported revenues of RUB 7.3 billion, adjusted EBITDA of RUB 1.4 billion and profit for the period of RUB 485 million for the 3 months ended March 31, 2012. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.