The two firms have set up a 51/49 joint venture (JV), JSC AlstomRusHydroEnergy.
A total of €11m will be used for construction works, purchase of equipment, recruitment and training of personnel.
Alstom will provide advanced operational management practices and guarantees post-commissioning support for the JV.
The plant will manufacture main power generation equipment for small (up to 25MW), mid-sized hydro power plants (up to 100MW) and pump storage plants (up to 150MW), as well as auxiliary equipment.
Production from the facility is scheduled to start in 2014.
