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Russia’s RusHydro, GE suspected in violations at gas turbine tender

September 01, 2014, 16:37 UTC+3 MOSCOW
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MOSCOW, September 01. /ITAR-TASS/. Russia’s Federal Antimonopoly Service has opened a case against hydropower giant RusHydro and US General Electric (GE) over alleged violations at gas turbine tenders for the Yakutsk GRES-2 plant, the antitrust body said Monday.

The service said it opened the case based on documents and information obtained during unscheduled inspections.

“The development of the Far East has an important political and social significance and is carried out mostly with budget funds, that’s why it is important for us to make sure that tender winners connected with the construction of the facilities of the fuel and energy complex in the Far East are picked fairly,” Alexander Kinyov, the antimonopoly service’s deputy director, said.

The construction of the first stage of the Yakutsk GRES-2 plant is one of RusHydro’s projects to build four power plants in the Far East. The government earlier gave 50 billion rubles to the company for the implementation of these projects.

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