Progress over 90%
On August 19, 2020, the Kazakh-Romanian Energy Investment Fund signed an EPC (Engineering, Procurement and Construction) contract with Calik Enerji (Turkey) for the turnkey construction of the cogeneration plant on the Petromidia platform. The total investment in this project amounts to about 150 million USD, generating about 11 million USD annually in taxes paid to the state budget each year.
The construction of the cogeneration plant began in May 2021, and the works are now in an advanced stage of finalization. Rompetrol Energy is the company that ensures the implementation of the project “Сonstruction and operation of Cogeneration Thermal Power Plant”.
The new unit will comply with the highest technological standards of energy efficiency and environmental protection, and will be built in partnership with the Midia Thermal Power Plant - currently owned by the Ministry of Energy (56.58%) and KMG International (43.42%) .
Status of work
Updating of the approvals and authorisations: in progress
Engineering works: in progress
Procurement: in advanced stage (99%); Main equipment delivered: GT1 and GT2 gas turbines, HRSG1 and HRSG2 steam boilers, gas compressors, transformers, including all electrical equipment, as well as other equipment (deaerator, radiators with fans, medium voltage switchboards, all equipment related to the substation 110 kV, all pumps, etc.)
Construction works: advanced stage (99%); Remaining equipment installation, natural gas pipeline, piping, electrical and instrumentation work is being carried out.
