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LUKOIL project to upgrade power plant in Krasnodar approved by government

LUKOIL project to upgrade power plant in Krasnodar approved by government

Moscow, May 31 - Neftegaz.RU.
The RF Government Commission on Power Industry Development resolved to include the projects of modernization of power generation facilities of LUKOIL's wholly owned subsidiary, LUKOIL-Kubanenergo, in the list of additional facilities slated for the upgrade.

Thus, the commission approved the modernization projects of 3 generation units of the Krasnodar heat and power plant. To be commissioned in 2022 – 2024, each unit will produce 150 megawatt of power.

According to RF Government Resolution #43 of January 25, 2019, the facilities will supply power to the wholesale market under contracts with a 14 % base rate of return.

The running time of the generation units exceeds 400 000 hours, which is twice the standard. In the past 5 years, the average rate of utilization of installed capacity of the Krasnodar heat and power plant was 74%, quite high for this kind of equipment.

The main source of heat for consumers in the city of Krasnodar, including households and public facilities, the generation units are also a key element of sustainable reliability of power supplies in Russia's south.

Thanks to a higher cost-performance ratio and advanced environmental properties of the steam power equipment, all Russian-made, the modernization project will replace all steam turbines and key units of boiler equipment, thus significantly improving the plant's performance and extending its life.

To read the article in Russian.

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