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Energy investment projects in Belarus

Here is an example of an energy investment project in Belarus.

Grodno Power Station

Company name: Grodno Power Station

Investment Project:
New gas turbine.

Project outline:
Grodno thermoelectric power station will be renovated to increase its efficiency. A new gas turbine will be installed alongside a new waste heat recovery boiler. These measures will boost total capacity at the power station to 110mw.

Ownership structure:
State-owned.

Estimated project cost:
US $85.2 million.

Amount and type of required financing:
Loan of up to 50% of the total cost (US $46.2 million will be funded by the government).

Payback on investment:
Recoupment of capital investment is estimated to take 3.5 years.

Contact details:
Ekaterina Alekseevna Rybakova,
Senior Investments Consultant,
Ministry of Energy of Belarus
14 Karl Marks St, Minsk, 220030, Belarus
Tel: +375 172 18 02 145
Email: rybakova@min.energo.net.by

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