Atomenergomash will supply equipment for incineration thermal power plants.
As it became known to Kommersant, Rosatom’s engineering division Atomenergomash (AEM) will supply equipment for 280 MW incineration plants (MTPP) of Rostecha in the Moscow region. The contract amount, according to “Kommersant”, will be approximately 10% of the total cost of projects, that is, about 12 billion rubles. It is not excluded that the AEM will receive a contract for equipment for another MTPP “Rostecha” in Tatarstan for 55 MW.
A key supplier of generating equipment for four incineration plants, which will be built in the Moscow suburbs under the control of Rostekh, will be the machine building division of Rosatom, Atomenergomash, Kommersant was told by the companies. The contract for the supply of four turbines, four air condensers and twelve units of boiler equipment in 2019-2020 with the AEM was concluded by the structure of RT-Invest AGK-1. The total capacity of the Moscow Region TPP “Rosteha” will be 280 MW, another plant in Tatarstan will be built by another 55 MW of the AGK-2 fund. Sources of Kommersant, close to the situation, do not exclude that the AEM can supply equipment for this project. The total cost of these MTPPs is 150 billion rubles. (for four Moscow-based MTPPs – 120 billion rubles). According to the estimates of the interlocutors of Kommersant, the cost of the AEM contract is about 10% of the total cost of construction of the Moscow region projects, that is, about 12 billion rubles.
The decision to build a MTPP (plants for the processing of solid municipal waste – TQOs) was taken this year on the initiative of RT-Invest, which won contests in June for the construction of these facilities. MTPPs are actually equated to green generation, and the return on investment in these projects will follow the scheme of power supply contracts (DPM, assumes increased payments by consumers), 50% of payments will be covered by the wholesale energy market, and 50% by consumers in the region. RT-Invest also has a project for the second stage of the MTPP for another 510 MW in the Moscow region and in the South of Russia – in Sochi, Minvody and Taman (see “Kommersant” on August 3). Investments into it by Natalia Porokhova from ACRA previously estimated “Kommersant” in 194 billion rubles. The main criticism of MTPP is usually related either to environmental considerations due to incineration of waste instead of its processing, or to the high cost of TCO projects: CAPEX MTPP reaches 378.7 thousand rubles. for 1 kW (the most expensive of all types of green generation).
To the projects of RT-Invest, Rusnano has already shown interest, which creates a fund for investment in the MTPP with the state corporation. In addition, about 8% in these projects will receive a supplier of incineration technology – Japanese Hitachi Zosen Inova, which provides an AEM license for the production of equipment. Asked by Kommersant whether the AEM itself can get a stake in RT-Invest’s MTPP, Kommersant sources refused to answer. The ZiO-Podolsk, which is part of the AEM, will produce boiler equipment for the MTPP; for turbines and condensers, the companies said, a technology partner with relevant competencies will be selected.
The AEM explained to Kommersant that the contract with AGK-1 was “a step towards diversification and development of non-nuclear businesses.” Since 2016, non-nuclear diversification is considered one of the directions of Rosatom’s development (after the state corporation actually approached the natural limit on the atomic orders portfolio both in Russia and abroad). At the end of 2016, the share of new products in the AEM revenue was 43%, in 2017, according to the forecast of the division, it will grow to 46%. Let’s notice, that two years ago in АЭМ did the rate on own project on incineration, not connected with “RT-Invest”. Then, as Kommersant wrote, the division agreed with the Japanese Mitsubishi Heavy Industries Environmental & Chemical Engineering (MHIEC) on the production of such equipment for the MTPP. Then the most promising region was Buryatia, with the authorities signed a memorandum of intent on the construction of a plant for incineration of T-bills, one of the investors was the Japanese NEDO fund. But, according to Kommersant, the project with MHIEG has not yet advanced.
Author: Vladimir Dzaguto
Article in Russian: Kommersant