Russian Power Machines plans to deliver two nuclear steam turbines per year starting from 2029
Power Machines, a Russian company, expects to deliver two steam turbines for nuclear power plants to customers annually starting from 2029. Anton Viktorov, Deputy General Director and Head of the Nuclear Energy Division, revealed that the relevant production capacity arrangements have been incorporated into the company's future plans. Viktorov stated that the company plans to sign contracts for three nuclear power units in 2026, along with several maintenance contracts for steam turbine and generator equipment; negotiations are also underway for contracts covering three additional units. He noted that this task places high demands on the company's production capacity organization and project execution. In terms of manufacturing capabilities, Power Machines previously disclosed that the company plans to produce 7 gas turbines and 14 steam turbines in 2026. With subsequent additional investments and production capacity expansion, the relevant factories will have the capacity to produce 10 sets of equipment annually starting from 2029.
2026-08-30