July 17, 2019 Moscow, Russia. PJSC
RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces
that the Russian Government has approved a list of modernization
projects in the Far East, proposed by the Company. The list includes
construction of Artemovskaya CHP-2, Khabarovskaya CHP-4, and second
phase of Yakutskaya GRES-2 as well as modernization of
Vladivostokskaya CHP-2. Sufficient return on investment will be
secured via mechanism stipulated by the government program for
modernization of the thermal power generation in Russia.
Artemovskaya
CHP-2 is to be built in Primorsky Kray and should substitute
capacity of Artemovskaya CHP, commissioned in 1936. The new 420 MW /
483 GCal/h plant will be built at a new site but will partially use
infrastructure of the old facility that should be retired later. The
plant will use locally mined lignite as fuel. Commissioning of the
plant is scheduled for 2026.
The gas-fired
Khabarovskaya CHP-4 with electric capacity of 328 MW and heat
capacity of 1374 GCal/h will replace Khabarovskaya CHP-1 built in
1954. The new brown field project will supply the city of Khabarovsk
with high demand for electricity and heat. Commissioning of the
plant is scheduled for 2025
Yakutskaya GRES-2
aims to substitute Yakutskaya GRES currently in operation. The new
plant will have electric capacity of 157 MW and heat capacity of 200
GCal/h. Commissioning of the plant is scheduled for 2025.
Modernization
of Vladivostokskaya-CHP-2, the main source of electricity and
heat for Vladivostok, will include replacement of three turbines and
eight boilers with increase of electric and heat capacity of the
plant from from 283 MW to 360 MW and from 506 GCal/h to 570 GCal/h,
respectively. The project will take several stages to complete
through 2025.
All projects will use modern efficient equipment
manufactured in Russia and comply with the most stringent
environmental norms. Currently, RusHydro has completed feasibility
studies for the projects and has begun development of the detailed
design documentation.
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