K&M was engaged by USAID to work with the Russian Ministry of Energy and Fuels and the national utility as part of the company’s leadership of the Joint US-Russian Investment Promotion working group. K&M evaluated power sector investment opportunities as well as trained Russian counterparts in project evaluation methodologies. K&M’s scope of work included: detailed evaluation of four proposed power projects: Krasnodar (1200 MW Combined Cycle in the North Caucasus), Beloporozhskaya (130 MW Hydro Project in Karelia in the Northwest); Urengoi project (950 MW Thermal Plant in Northern Siberia), and Cherepovets Transmission (750 kV transmission line); training workshops in procurement and privatization issues; evaluation of a private power development group in Russia and their current projects for foreign investment; promotion of investment with multilateral banks and potential private investors.