17.08.2012

HMS Group to produce pumps for Vladimir power station

Hydromashservice, the trade company of HMS Group, signed an agreement for delivery of feed pumps equipped with hydraulic coupling supplied by Voith GmbH (Germany) for Vladimir-2 thermal power station (TPS). These pumping units will be delivered as a part of new combined cycle gas turbine units’ installation and will be used in waste-heat recovery systems of the station.

Vladimir-2 TPS, a subsidiary of Integrated Energy Systems holding (IES), supplies about 80% of thermal power for Vladimir city. The installed capacity of the station – 406 MW, installed heat rate – 1 161 Gcal per hour.

Previously, HMS Group has already delivered to IES circulation pumps for Saransk TPS, heating water pumps for Sormov TPS and feed pumps for Perm TPS.

The HMS Group is the leading pump manufacturer and provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utilities sectors in Russia and the CIS.The HMS Group’s products are mission-critical elements of projects across a diverse range of industries. It has participated in a number of large-scale infrastructure projects in Russia, including providing pumps and modular equipment to the Vankor oil field and pumping stations on recent trunk pipelines projects linking Russia’s core oil producing areas to export ports on the Pacific Ocean and Baltic Sea. The Group reported revenues of RUB 7.3 billion, adjusted EBITDA of RUB 1.4 billion and profit for the period of RUB 485 million for the 3 months ended March 31, 2012. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.  


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