Investments and Innovations

Results of Investment Activity

In 1999, investments in capital assets across the RAO UES of Russia Group amounted to 30.1 billion rubles, as against 24.3 billion rubles for the preceding year. However, when adjusted for inflation, real investment in comparable prices was actually down by six per cent year on year.


Commissioning turbine capacity. At Holding Company sites, 836,500 kW of turbine capacity was commissioned, of which 41 per cent was achieved by means of re-equipping and reconstructing operational generating stations. Among the capacity commissioned, it is worth singling out the second power unit at the Ioshkar-Ola Combined Heat & Power Plant No. 2, with a capacity of 115,000 kW, and the second power unit at the Komsomolsk Combined Heat & Power Plant No. 3, with a capacity of 180,000 kW. These completions of these projects now makes it possible to solve the problem of reliable supplies of electricity and heat energy for major industrial centres in Russia. The commissioning of the first two units, with an overall capacity of 8,000 kW, at the Verkhne-Mutnovsk geothermal generating station on Kamchatkka, together with the Mutnovsk geothermal station (currently under construction) will make it possible to reduce imports of organic fuel into the region and also to provide a reliable power supply for the peninsula.

In 1999, the commissioning of the first hydroelectric unit with a capacity of 80,000 kW inaugurated operations at the Zelenchuksk and Karachaevo-Cherkessia hydro power stations. The commissioning of a second hydro power unit at the station will allow the republic to produce 60 million kWh of cheap electricity a year.

A decision was made to abandon the construction and preservation of the inefficient Beloporozhsk hydro power station, which was still at an early stage of construction. No new construction projects were inaugurated in 1999.

Retooling and reconstructing equipment. In 1999, work was completed on retooling and reconstructing nine physically worn and obsolescent equipment units at the Holding Company’s operational electricity generating stations. The Pravdinsk hydro power station (Yantarenergo) was restored, with the installation of a new hydro power unit with a capacity of 1,100 kW to replace a unit previously dismantled. The increase in capacity as a result of the work was 48,500 kW.

Extensive reconstruction work was also carried out at six turbine equipment units, with the result that their operational life was extended by a period comparable with the initial design life.

Commissioning high-voltage electric power transmission lines. RAO UES of Russia’s own funds have been used to commission 630.5 km of 330—500 kW high-voltage lines. The commissioning of a 123.2 km of 330 kV overhead line along the route Metallurgicheskaya — Valuiki allows the transmission of power from the Kursk hydro power station to the south-east areas of the Belgorod region, and also makes it possible to reduce the dependence of the region’s power supply on Ukraine. The 444.7 km 500 kW overhead line connecting the Rostov nuclear power station and Budenovsk is a section of a transit line for about 500 MW of power transmitted from the Mid-Volga UES (the Balakovsk nuclear power plant) to the Northern Caucasus (Dagestan). In 1999, a transmission line connecting Magadan and Ust-Omchug was brought into operation with a nominal voltage of 710- kV — making it possible to transmit 190 MW of power from the Kolyma hydro power station and thereby reducing the requirement for imported organic fuel for the Magadan Combined Heat & Power Plant, as well as improving the reliability of the electricity supply to the town of Magadan.

Reconstructing and re-equipping electric power grids. During the last three years, the volume of this kind of work has doubled, but it is clearly still inadequate. In 1998—1999, groups of autotransformers were commissioned at the Kurdyum, Kliuchiki, Yuzhnaya, Trubnaya and Opornnaya substations; 500 kV 180 Mvar shunting reactors were commissioned at the Tambov, Trubnaya, Balaklavskaya nuclear power stations; 110 kV 100 Mvar shunting reactors were commissioned at the Pskov fossil fuel power station and reserve stages of 500 kV shunting reactors were commissioned at the Veshkaima and Vladimirskaya substations. This has made it possible to stabilise the voltage in the adjacent grid and to improve the reliability of the power supply to consumers.

Constructing the inter-system electric power transmission lines. This is an especially important project. In 1999, work was continued on the construction of the following inter-system electric power transmission lines:

The development of electric power grids is necessary in order to meet the needs of the developing Russian market in electric energy and power, and also to ensure a reliable output of power from electricity generating stations and a reliable supply of power to consumers. This will require upgrading and retooling of grid installations on a substantial scale, as well as the construction of new grid elements.


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