VII International Investment Forum Sochi-2008
The VIIth International Investment Forum Sochi-2008 was held in
Construction of small HPPs using the Prometheus technology.
Construction of the Cascade of Andiiskaya HPPs;
On the one hand, construction of small HPPs is a new business in the hydro-electric power industry. On the other hand, in the 1930s-40s, quite a few small HPPs were built in
The main advantage of building small HPPs is that they can be erected in close proximity to the consumer and do not require large stocks of water, this making it possible to save on constructing grids and to avoid loses during electric power transmission. Such a small power station can provide power to several villages.
The investment project "Construction of Small HPPs according to the Prometheus Technology" involves construction of 11 facilities in different parts of
Andiiskoye Koisu is a unique canyon, very convenient for building a hydro-electric power plant, making it possible to avoid inundating agricultural land, which is particularly important in a mountainous area. The building site for the cascade of HPPs is on the flood plain of the River Andiiskoye Koisu, an uneven, mountainous area without buildings or farmed land. In all, the Cascade of Andiiskiye HPPs includes five power stations:
Their aggregate installed capacity will be 520 MW, and the average multiyear electric power output will be 2.22 billion kWh. Investment of 22.48 billion roubles, exclusive of VAT, will be needed for construction. The pay-back period of this investment project will be 11 years.
As to the social effect of building the cascade, it is planned to create a total of 3,00-4,500 jobs during the construction period at all the five facilities.
The smallest of the 5 plants in capacity terms will be the Agvalinskaya HPP, with an eventual capacity of 200 MW and an annual electric power output of 980 million kWh. It is to be built on the flood plain of the River Andiiskoye Koisu in the vicinity of the
The other 4 HPPs have the identical parameters: they will all have 4 units of 20 MW each. Own and raised funds will vary between 3 and 3.3 billion roubles.
The Director of the Dagestan subsidiary of JSC RusHydro, Timur Gamzatov, commented thus on the prospects for the projects presented at this year’s
Shares / ADR