Rusatom Automated Control Systems (RASU, a Rosatom Group company) plans to double its portfolio of contracts for process control systems to reach 120 billion rubles by the end of 2018.
This was announced by Andrei Butko, CEO of RASU, at the international suppliers’ forum Atomex 2017. “At present, our contract portfolio is little more than 60 billion rubles. We plan to double it in 2018,” he said. Butko noted that RASU targets all nuclear plant construction projects both in Russia and abroad as potential buyers of its process control systems. RASU has signed contracts to supply process control systems for the Rooppur Nuclear Power Plant in Bangladesh and Kudankulam II in India, and plans to sign another contract with the nuclear plant in Kursk (Russia). In the long term, the company plans to sign contracts with Bushehr in Iran, Akkuyu in Turkey and Dabaa in Egypt. According to Andrei Butko, RASU is also set to win contracts to manufacture process control systems for Paks NPP (Hungary) and Hanhikivi NPP (Finland). He says that the price of control systems makes about 10% of the nuclear plant construction project. Entering non-nuclear markets is seen by RASU as its important task. Contracts for process control systems for non-nuclear facilities are expected to total 8.5 billion rubles in 2018 versus RUB 4bn in 2017.