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Inter RAO Group Publishes Consolidated IFRS Financial Statements for the First Six Months of 2017

Inter RAO Group has commissioned unit 4 of Perm SDPP

Inter RAO Group has commissioned a new steam-gas generating unit with the installed capacity of 861 MW at Permskaya state district power plant (SDPP). The project is on the List approved by the Russian Government of Generating Objects to be used to supply power under the power supply contracts. Due to the commissioning of the new power unit, the installed capacity of Permskaya SDPP has increased by one third to 3,261 MW, and the company is now one of the five largest thermal power plants in Russia.

The main equipment of the new generating unit comprises two gas turbines and a steam turbine with generators from Siemens and two heat recovery boilers from the Russian machine-building company EMAlliance.

Within the framework of the project, a 92-meter high cooling tower was constructed at the power facility, and the central pump station was equipped with a fish protection device, which reduces the station’s impact on the environment. Due to the introduction of a recirculated water usage system, Kama reservoir water consumption for the needs of the new equipment will be 68 times lower than that of each of the operating units.

Generating unit №4 will provide a reliable power supply for the large chemical industry, ferrous and nonferrous metallurgy, timber processing and mining enterprises located in the Kama region. It will also allow the Perm region to increase energy exports to the neighboring regions – Sverdlovsk and Kirov regions, Udmurtia and Bashkortostan.

"The new unit of Permskaya SDPP is the largest one of the thermal generation in Russia built in the last decade, and it has the best technical and environmental characteristics for its type of equipment. We have completed the largest project of the Inter RAO Group investment program and, as a result, we have solved the energy shortage problem in the Perm-Zakamsky energy hub and satisfied the growing energy demand from the large enterprises in the region," says Boris KOVALCHUK, Chairman of the Board of JSC Inter RAO.

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PJSC Inter RAO Announces RAS Financial Results for the First Six Months of 2017
financial statements
prepared according to
for 1Q 2018
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Inter RAO Group is a diversified energy holding serving various segments of Russian and international electric power industry. The Group is the leading exporter and importer of electricity in Russia actively increasing electricity generation and sales, and developing new lines of business.

The corporate strategy of Inter RAO is focused on making Inter RAO a global energy enterprise, a key player in the global energy market, and Russia's leading electric utility by energy efficiency. Inter RAO Group owns and operates approximately 33.5 GW of installed power generation capacity.