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China’s CITIC Construction interested in Nemnovskaya HPP project

03.11.2014
The Chinese company CITIC Construction can become an investor for the Nemnovskaya hydroelectric power plant (HPP), BelTA learned from the Grodnoenergo company.

The Chinese delegation visited Grodno and held talks with Grodnoenergo about the possible involvement of CITIC Construction in the project to build the Nemnovskaya HPP. The parties discussed promising areas of cooperation; the company’s officials told their Belarusian partners about a significant experience in building similar hydroelectric power plants in China, toured the proposed site of the Nemnovskaya HPP construction, and visited the Grodno hydroelectric power plant.

CITIC Construction is already implementing several major investment projects in the cement industry in Belarus. Earlier another Chinese company also showed interest in the Nemnovskaya HPP project.

Construction of the Nemnovskaya hydroelectric power plant is scheduled to begin in 2017. The project is included in the state program for development of the Belarusian energy system until 2016. The plant is expected to be built 20km away from Grodno near the Plebanskoye population center. According to preliminary estimates, the plant, with five horizontal shaft units 4.167MW each, will be to generate up to 20MW. The project is estimated at $130 million.