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Saratovskaya Hydroelectric Power Plant Upgrade

Sector: Hydro • Location: Russian Federation

Source: World Bank Group

Project
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The financing for the upgrade of the 1360MW Saratovskaya Hydroelectric power plant on Volga river in Saratov was closed in March 2014. The Saratovskaya Hydroelectric power plant was owned 100% by RusHydro. Rushydro in turn is majority owned by the state (60%).

The total cost of the upgrade - replacement of eight existing turbines with new generation hydraulic design hydro turbines by Voith Hydro

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The project “Saratovskaya Hydroelectric Power Plant Upgrade” is an infrastructure initiative in the Hydro sector, located in Russian Federation. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The financing for the upgrade of the 1360MW Saratovskaya Hydroelectric power plant on Volga river in Saratov was closed in March 2014. The Saratovskaya Hydroelectric power plant was owned 100% by RusHydro. Rushydro in turn is majority owned by the state (60%). The total cost of the upgrade - replacement of eight existing turbines with new generation hydraulic design hydro turbines by Voith Hydro – was estimated at USD 262 million. The financing comprised of EUR95.4m ($131.371m) 15 years term loan and a EUR94.9m ($130.682m) 14 years term loan provided by ING Group and Credit Agricole.

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