Rustam Minnikhanov takes part in ceremony of signing a Memorandum on strategic cooperation between OAO “TAIF” and GE

22 May 2014, Thursday

On May 22, Tatarstan President Rustam Minnikhanov took part in a ceremony of signing a Memorandum on strategic cooperation between OAO “TAIF” and GE within the framework of the St. Petersburg International Economic Forum.

The Memorandum presupposes the implementation of projects on construction and modernization of the energy, oil refining and petrochemical production facilities of TAIF group of companies.

The document was signed by President and CEO of GE in Russia and CIS Ron Pollett and Director General of "TAIF" Albert Shigabutdinov.

The Memorandum on strategic cooperation defines the main directions of joint activity in 2014-2017 and makes provision for joint work within the framework of the signed contract for the "turnkey" construction of a new block of a 390 MW gas turbine unit at Kazan combined heat and power plant (CHP-3), as well as projects in water technology and processes.

Ron Pollett noted that the partnership with "TAIF" is a good example of how GE innovative solutions create reliable and efficient energy infrastructure for the entire region.
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