Fortum has decided to build the last two 250 MW units at Chelyabinsk in the Urals region of Russia. The units, which were originally planned for the Tyumen region (Western Siberia) are included within the sphere of the Capacity Supply Agreement originally agreed to in 2008. Fortum has received approval for the transfer from the Russian Government, including the Ministry of Economic Development of the Russian Federation and the Russian Ministry of Energy as well as local authorities.
Fortum plans to completely modernise the existing power plant equipment and to complete works by the end of 2014.
Fortum’s extensive investment programme, estimated at $2.5bn, consists of a total of eight new units, which will increase OAO Fortum’s electricity production capacity by about 2,400 MW and heat production capacity by 662 MW. The first three units of the investment programme already began commercial operation in Tyumen, Chelyabinsk and Tobolsk in 2011.