Inter RAO Engineering receives first foreign contracting deal to repair power plant in Bangladesh
MOSCOW. July 24 (Interfax) - LLC Inter RAO Engineering has won a tender to do work at the Gorazal heat and power plant in Bangladesh, where it will repair block no. 5, which has 210 megawatt capacity.
The company received official notification of its win from the Bangladeshi energy development department, Inter RAO Engineering reported.
In accordance with the terms of the tender, the Russian company will provide a turnkey solution for the repair of the steam turbine, generator and boiler unit, including the supply of parts for the main and auxiliary equipment and carrying out launch work. The work should be completed within 18 months.
"We are continuing our strategy to enter international markets. Winning the tender in Bangladesh is a very important stage in the promotion of our services on Southeast Asian markets," Yuri Sharov, the general director of the engineering company, was cited as saying.
Gorazal, the largest state-owned heat and power plant in Bangladesh with capacity of 950 megawatts, is located northeast of the capital Dhaka. The plant was built by Soviet specialists in the seventies and eighties and it is fueled with natural gas. Earlier, Technopromexport was involved in reconstruction of the plant.
LLC Inter RAO Engineering is OJSC Inter RAO main engineering asset. Previously, it has only worked as a general contractor for Inter RAO. The largest project was the construction of energy blocks in power delivery contracts. Inter RAO will complete this program, which envisages investment support mechanisms, after 2016. A new mechanism for encouraging such activity in Russia is not yet planned.
