December 2, 2021 PAO Severstal (“Severstal”, “The Group”), one of the world’s largest vertically integrated steel and mining companies, announces that it has signed a binding agreement with OOO Russkaya Energiya to sell its coking coal assets, AO Vorkutaugol (“Vorkutaugol”). The transaction value is 15 billion roubles. The deal is expected to be closed in…
At the Rooppur NPP, the Teplotech 4.0 project been launched ahead of schedule to ensure the technical upgrading of heat installation works, including the commercial use of two types of automatic orbital welding machines. The use of new automatic welding machines has been promptly agreed with the design organization and supervisory authorities owing to the…
On 1 December 2021, ROSATOM, French Alternative Energies and Atomic Energy Commission (CEA), and EDF (France) signed a joint declaration of intent to develop their long-term R&D collaboration in the field of civil nuclear power. The declaration states an experimentation at laboratory scale, involving all the steps required to recycle second-generation plutonium from spent MOX…
The Medvezhenskaya Wind Farm (Stavropol Krai) began supplying electricity to the wholesale electricity and capacity market on December 1, 2021. The wind farm with an installed capacity of 60 MW consists of 24 wind turbine generators. Local content of facility equipment, as confirmed by the Ministry of Industry and Trade of the Russian Federation, amounts…