Modernisation of CHP

In 2019, the Programme for the modernisation of thermal power plants in the Russia (approved by the Order of the Government of the Russian Federation of January 24, 2019) started.

The launch of this Programme is one of the key events for the Russian engineering market over the past few years. The scale and implementation of projects across the country, until 2035, will provide diverse business opportunities to all Russian participants in the markets of engineering and power engineering. Especially interesting prospects are opening for companies that have launched the production of their own electrical products, which include Evropeyskaya Elektrotekhnica.

Key programme parameters
PROGRAMME COVERAGE
40 GW
ASSESSMENT OF THE TOTAL MODERNISATION BUDGET
1.9 trillion
rubles
TOTAL VOLUME OF PROPOSALS FOR A NEW ENERGY CAPACITY PROGRAM
3.5 trillion
rubles
RATE OF RETURN FOR INVESTORS
14%
according to the new program at selection in 2019 (established by Government of the Russian Federation).
FIRST SELECTION OF CHP PROJECTS FOR MODERNISATION
April
2019
The first practical step was the competitive selection of projects modernisation of generating equipment for thermal electric stations with a capacity of up to 9.3 GW (commissioning of power facilities in 2022 — 2024).

Energy companies were very actively involved in this program: applications submitted by companies for the tender for commissioning capacities in the amount of 26.1 GW exceeded the quota by 2.8 times
THE PERIOD OF THE PROGRAMME
2022
2035
PROGRAMME OBJECTIVE

FURTHER ATTRACTION OF PRIVATE INVESTMENTS IN THE RUSSIAN ENERGY SECTOR

SECURING ORDERS FOR RUSSIAN ENTERPRISES OF POWER ENGINEERING

INCREASING THE LEVEL OF LOCALIZATION OF FOREIGN ENERGY EQUIPMENT IN RUSSIA