Investment strategy
JSC “OGK-6” conducts investment activities in the following areas:
− implementation of major investment projects;
− modernization of existing industrial capacities
1. Major investment projects
At present, OGK-6 is implementing four major investment projects approved by the Company’s Board of Directors in March 2007:
|
Project |
Plant |
Investments* (in million rub., incl. VAT) |
Year of commissioning |
Capacity increase (MW) |
|
Modernization of GRES-24 through addition of a 110 MW turbine (CCP-420) to a 310 MW generation unit |
GRES-24 |
3 688 |
4th quarter 2009 |
110 |
|
Modernization of unit ¹6 of Kirishskaya GRES (CCP-800) |
Kirishskaya GRES |
17 868* |
4th quarter 2010 |
500 |
|
Construction of unit ¹9 of Novocherkasskaya GRES based on CCS technology |
Novocherkasskaya GRES |
16 191 |
4th quarter 2011 |
330 |
|
Construction of generation unit ¹4 of Cherepovetskaya GRES, 330 MW capacity |
Cherepovetskaya GRES |
19 444* |
4th quarter 2011 |
330 |
|
Total main program |
|
57 191 |
|
1 270 |
Due to realization of major investment projects, by 2011 the installed capacity of OGK-6 will increase by 1,270 MW to 10,322 MW.
Amount of financing of major investment projects (in million rub., incl. VAT)
|
Project |
2006 actual |
2007 actual |
2008 plan |
2009 plan |
2010 plan |
2011 plan |
Total for 2007-2011 |
|
Modernization of GRES-24 through addition of a 110 MW turbine (CCP-420) to a 310 MW generation unit |
8.10 |
573.03 |
1 967.96 |
1 042.29 |
75.34 |
21.28 |
3 688 |
|
Modernization of block ¹6 of Kirishskaya GRES (CCP-800) |
25.31 |
2 488.33 |
4 780.52 |
6 221.86 |
4 1106.77 |
245.21 |
17 868 |
|
Construction of block ¹9 of Novocherkasskaya GRES based on CCS technology |
11.04 |
851.52 |
5 357.06 |
4 280.82 |
3 081.04 |
2 609.52 |
16 191 |
|
Construction of generation unit ¹4 of Cherepovetskaya GRES, 330 MW capacity |
0.00 |
26.15 |
2 341.98 |
6 321.16 |
5 601.14 |
5 153.57 |
19 444 |
|
Total for all projects |
44.45 |
3 939.03 |
14 447.52 |
17 866.13 |
12 864.29 |
8 029.58 |
57 191 |
*- excluding payment for technical connection.
Financing Major Investment Projects
SCHEDULE OF COMMISSIONING NEW CAPACITIES
