RUSSIAN BANKS TO FINANCE LUKOIL’S KRASNODARSKAY POWER STATION REVAMPING

Friday, December 18, 2020

LUKOIL reports on raising a directed secured loan in the amount of 13.1 billion rubles to finance revamping of the Krasnodarskaya combined heat and power plant (CHPP) as part of the national campaign for modernization of power generation facilities. The syndicated loan, offered by two banks – Gazprombank and Alfa-Bank – is granted to LUKOIL's wholly owned subsidiary, LUKOIL-Kubanenergo, for fifteen years.

The CHPP modernization project, envisaging replacement of steam turbines and boiler equipment, provides for significant gain in efficiency and longer service life thanks to new made in Russia steam power machines with advanced process, economic and environmental performance.

The modernization will also reduce specific consumption of fuel for power generation by more than 30 g/kWh, providing for a decrease of CO2 emissions by 155 thousand tons a year.  

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LUKOIL expands supply of electricity generated by its own renewable energy sources (RES) facilities to its assets in Nizhny Novgorod region.​​

12/10/2020 - LUKOIL FINISHES RECONSTRUCTING HYDRAULIC STRUCTURES OF KRASNOPOLYANSKAYA HPP

LUKOIL finished reconstruction of the hydraulic structures making up the Krasnopolyanskaya HPP's hydropower complex in the Krasnodar region. The reconstruction made it possible to increase the volume of water that flows to the daily regulating pond from the mountain river of Beshenka.

07/10/2020 - LUKOIL COMMISSIONS A SMALL-SCALE HYDROPOWER PLANT IN THE KRASNODAR REGION

​LUKOIL renovated and commissioned a small-scale hydropower plant (HPP) with installed capacity of 1.5 MW in the Krasnodar region.​The modernization of the small-scale HPP made it possible to use the hydropower potential of the Krasnopolyanskaya HPP's complex to a greater extent.​ 

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