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Siemens has received an order from its customer Nizhnekamskneftekhim to build a combined cycle power plant on a turnkey basis in Tatarstan. Nizhnekamskneftekhim is a member of the TAIF Group headquartered in Kazan, Tatarstan, Russia.
As general contractor, Siemens will cooperate with the Turkish company ENKA to build the 495-MW combined cycle power plant on a turnkey basis. The contract includes the delivery of two SGT5-2000Е gas turbines, one SST-600 steam turbine and the corresponding power distribution systems as well as a 13-year service agreement to be signed at a later date. The order volume, including the service agreement, totals €380 million. The power plant is scheduled to begin operation in May 2021.
“The need to implement our own power generation construction project for Nizhnekamskneftekhim industrial production is due to the year-on-year increase in power consumption against the background of production expansion and the launch of new hydrocarbon processing facilities as well as the annual increase in power and capacity purchase costs. I would like to specifically mention that the newly launched power plant will run on associated gas derivatives – that is, byproducts from Nizhnekamskneftekhim production processes. Their utilization in gas turbine units under stringent Russian and EU requirements regarding air-polluting gas emissions will significantly improve the environment in the Nizhnekamsk industrial hub,” said TAIF CEO Albert Shigaboutdinov.
TAIF is a major production and investment company, with extensive assets and enormous production capacities. The TAIF Group, which comprises more than 50 subsidiaries and affiliated companies, operates in a large number of areas, five of which are so-called focus fields: oil and gas processing and petrochemicals, power generation, telecommunications, building and construction, and banking and investment services. One of Europe’s largest petrochemical companies, Nizhnekamskneftekhim is a leader in Russia in the production of synthetic rubbers and plastics.