Global Leader in Hydro Power and Aluminium
Power Segment's Modernisation Programs
CHP Modernisation Program
•
.
The Group participated in the state programs for CHP modernisation providing with
guaranteed return on investment.¹
Capacity Allocation Contracts to be signed between buyers, market regulator (ATS) and
generating companies of the wholesale market, providing with the key criteria for
modernisation, parameters of capacity supply after the modernisation and return on
investment. Through this program the Group will improve reliability and safety of 1,295 MW
of its CHP capacity (29.5% of total CHP capacity).
• In addition to electricity, the Group's CHPs provide critical heat generation for local
population in Siberia.
Projects
Commence of
capacity supply
Capacity,
MW
CAPEX²
USD mn
Segozerskaya HPP,
small-scale
01.12.2022
8.1
23.0
Total CHP projects
1,295
245
Novo-Irkutsk CHP
Turbine 3
01.01.2023
175
27.3
Turbine 4
01.12.2025
175
48.9
No new CHP capacity to be constructed.
CHP-10
•
Total expected CAPEX for CHPs of USD 245 mn (RUB 15.2 bn).
Small HPP project
Turbine 2
01.01.2023
150
19.0
As a part of the state program backed by CAC mechanism for renewable projects, En+ Group is
conducting design engineering works for a small-scale Segozerskaya HPP (8.1 MW) in Karelia
(Russia).
Turbine 7
01.05.2024
150
19.0
Turbine 5
01.12.2025
150
19.9
En+ Group formed a portfolio of projects with a total installed capacity of about 200 MW.
Depending on the results of the project feasibility study, a decision will be made on when these
projects will be realized.
Turbine 8
01.01.2024
150
19.0
CHP-11 (Turbine 3)
01.01.2024
50
10.2
Schedule of CAPEX for CHPS modernisation and small-scale HPP
Total estimated budget - c. USD 268 mn
29%
13%
23%
CHP-9 (Turbine 6)
CHP-6 (Turbine 1)
Ust-Ilimsk CHP
(Turbine 3)
01.01.2024
01.08.2022
65
60
16.5
65
21.2
01.05.2025
110
20.7
17%
8%
9%
Avtozavodskaya CHP
(Turbine 9)
01.04.2025
60
60
23.5
2020
2021
2022
2023
2024
2025
Ent
GROUP
(1) The Group participated in the Competitive Capacity Auction (CCA) Modernisation Program providing with return on investment through Capacity Allocation Contracts (CAC); (2) Calculated based on USD/RUB exchange rate 61.91 as of 31.12.2019
Investment highlights
En+ Group overview
Sustainable business
development
Results snapshot
Power segment
Metals segment
88
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