Inter RAO signed a contract for the expansion of the TPP Termogas Machala in Ecuador

Tip Company "INTER RAO — Export" (100% subsidiary of OAO "Inter RAO") and the Ecuadorian State Power Corporation CELEC signed a contract to build a gas turbine and steam turbine at TPP "Termogas Machala."

The cost of the project is about $ 230 million USA. Funding for the project will be implemented by involving the corporation CELEC of JSC "Eximbank" export credit guarantees under the sovereignty of the Republic of Ecuador.

As a result of implementation of the contract will be the first power plant in Ecuador TPP working in the combined (steam-gas) cycle and increase its installed capacity by 170 MW to 300 MW.

 

"The signed contract extends cooperation" Inter RAO "with the Republic of Ecuador in the electricity sector — said General Director of JSC" INTER RAO — Export "Maxim Sergeev. — We are already implementing a project to supply full range of electro-mechanical equipment for hydro power plants' Toachi-Pilaton "capacity of 252 MW, and intend to continue to seek new and mutually beneficial energy projects in Ecuador."

TPP "Termogas Machala" is located in the south-western part of the Ecuadorian province of El Oro, 7 km from the coast of the Pacific Ocean. At present, the power station operated by two types of gas turbines from GE 6FA capacity of 65 MW each.

The contract includes the design, supply, construction, installation and commissioning of an additional type 6FA gas turbine and steam turbine of 100 MW and the construction of transmission lines and the expansion of two existing electrical substations on the "turn-key".

Company "INTER RAO — Export" — specialized subsidiary of OAO "Inter RAO", whose principal activities are participation in overseas projects of construction and / or modernization of generating capacity to supply power equipment and the implementation of projects for the construction of electric power facilities, "turnkey".

"Inter RAO" — A diversified energy holding company, present in different segments of the electricity industry in Russia and abroad. The company occupies a leading position in Russia in the export and import of electricity, is actively expanding its presence in the segments of generation and distribution, as well as developing new lines of business. The strategy of "Inter RAO" is aimed at creating a global energy company — one of the key players in the global energy market. The installed capacity of power plants in the Group "Inter RAO" and are under the control of more than 33.5 GW.

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