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Corporation «GazEnergoStroy» Group of Companies signed an agreement of cooperation for gas turbine power plant construction «Ogorodny proezd–Novomoskovskaya» with Chinese company «Norinco International Cooperation Ltd»

Июня 20, 2011

Corporation «GazEnergoStroy» Group of Companies and the largest China-based contractor of engineering projects «Norinco International Cooperation Ltd» have signed an agreement of cooperation for gas turbine power plant construction «Ogorodny proezd–Novomoskovskaya» in Moscow (anticipated electric output of 600 MW and heat output of 750 GCal/hour).

According to present agreement «Norinco International Cooperation Ltd», acts as the general contractor in construction of gas turbine power plant and attracts financing for this project. Corporation «GazEnergoStroy» Group of Companies ensures the signing of this contract between «Norinco International Cooperation Ltd» and the building owner - ZAO «TransEnergo». The overall investment volume of the project will exceed RUB 30 billion. Corporation «GazEnergoStroy» Group of Companies and ZAO «TransEnergo» have already signed a contract for project management of «Ogorodny proezd – Novomoskovskaya», according to which Corporation «GazEnergoStroy» Group of Companies would operate the project and carry out the most part of subcontract work and services.
Sergey Chernin, President of Corporation «GazEnergoStroy» Group of Companies: «We are proud of involving such a large company, possessing rich experience in power plant construction. We thank Innovation center «Novaya Energiya» for helping in prompt organization of the deal realization. Together we will be able to cooperate on many other projects on the territory of Russian Federation. It goes without saying that this cooperation is mutually beneficial for each party and will help us to realize gas turbine power plant construction «Ogorodny proezd–Novomoskovskaya» in an appropriate manner in due date, fixed by the Government of Moscow».
«Norinco International Cooperation Ltd» - is one of the leading engineering, procurement and construction state diversified companies in China. «Norinco» is a group of Companies that incorporates production companies, capital construction companies, as well as research institutes. The core activity of «Norinco» is engineering and construction services in diversified forms including general contracting, design, survey, development of mineral and oil resources all over the world.

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