4 April 2005 – Russian engineering company Power Machines Group (PMG) has signed a turnkey contract worth $270m for construction of the Barh Thermal Power Plant in India. The work involves building ...

MOSCOW, Feb 12 (Reuters) - Russian power equipment manufacturer Power Machines, owned by billionaire Alexey Mordashov, has won a claim against Vietnam's state oil firm PetroVietnam, a spokesperson for ...

Russian power equipment provider Power Machines has decided to exercise an option to sell its 35% stake in a joint venture with Siemens, a Siemens spokeswoman for Russia told Reuters on Monday. MOSCOW ...

HANOI, Feb 20 (Reuters) - Vietnam's state oil firm PetroVietnam said on Tuesday it was not satisfied with a court decision last week that favoured Russian power equipment manufacturer Power Machines ...

MOSCOW, Dec 26 (Reuters) - Russian power equipment manufacturer Power Machines said on Monday it had completed assembly and testing of its first domestically made high-power gas turbine, aiming to ...