MOSCOW, June 28 (RIA Novosti) -- Technopromexport, Russia's state builder of energy facilities and electricity exporter, is planning to get involved in two power station projects in Angola worth a total of over $1 billion, the company said Wednesday.
Russian companies' involvement in major energy projects in Angola was discussed last week at a meeting between Russian Deputy Prime Minister Alexander Zhukov and Angola's Foreign Minister Joao Bernardo de Miranda.
"At the meeting, the Angolan side expressed interest in getting the Russian company Technopromexport involved in building two large electric power stations - Nyanga, with capacity of 450 mW, and Lauka, which has yet to be finalized," the company said in a press release.
Technopromexport is currently building a second unit of the Kapanda hydroelectric power station in Angola under a $112 million contract.
Under the contract, the company will carry out design work, and deliver, assemble and put equipment into operation. The second 260-megawatt unit will bring the hydropower station's capacity to 520 megawatts and stabilize the Angolan electric power system, which has been damaged by many years of fighting in the country.
In June 2004, Technopromexport launched the first unit of the Kapanda station, which included two units with a total capacity of 260 megawatts. Technopromexport is building Angola's largest hydroelectric power station under a contract with the Angolan Ministry of Energy and Water.
