En+ Group Investment Presentation
Power Segment's Modernisation Programs
CHP modernisation program
•
•
The Group participated in the state programs for CHP modernisation providing guaranteed
return on investment¹
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 1,445 MW
of its CHP capacity (33.5% of total CHP capacity)
• In addition to electricity, the Group's CHPs provide critical heat generation for local
population in Siberia
Projects
Segozerskaya HPP,
small-scale
Total CHP projects
Commence of
capacity supply
Capacity,
MW
CAPEX²
USD mn
01.12.2022
8.1
19.7
1,445
229.7
Novo-Irkutsk CHP
Turbine 3
01.01.2023
175
23.3
Turbine 4
01.12.2025
175
41.9
No new CHP capacity to be constructed
CHP-10
•
Total expected CAPEX for CHPs of USD 229.7 mn (RUB 16.6 bn) in 2020-2026
Turbine 2
01.01.2023
150
16.3
Small HPP project
Turbine 7
01.05.2024
150
16.3
As a part of the state program backed by CAC mechanism for renewable projects, En+ Group is
implementing a small-scale Segozerskaya HPP (8.1 MW) in Karelia (Russia)
Turbine 5
01.12.2025
150
17.0
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 implemented
Turbine 8
01.01.2024
150
16.3
Turbine 4
01.12.2026
150
19.8
Schedule of CAPEX for CHPS modernisation and small-scale HPP
Total estimated budget – c. USD 249 mn
CHP-11 (Turbine 3)
01.01.2024
50
8.7
25%
23%
CHP-9 (Turbine 6)
CHP-6 (Turbine 1)
01.01.2024
01.08.2022
65
65
60
14.1
18.1
21%
14%
12%
3%
Ust-Ilimsk CHP
(Turbine 3)
01.05.2025
110
17.7
2%
Avtozavodskaya CHP
(Turbine 9)
01.04.2025
60
60
20.1
2020
2021
2022
2023
2024
2025
2026
Note: Due to rounding, total may not correspond with the sum of the separate figures.
(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 72.37 as
of 30.06.2021.
Ent
GROUP
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