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M+W Group receives letter of intent for power plant in Tatarstan in the Russian Federation

M+W Group receives letter of intent for power plant in Tatarstan in the Russian Federation

General contractor for design, construction and commissioning of a 240-megawatt gas and steam power plant

The global engineering and construction company M+W Group (until 2009: M+W Zander), is to set up a 240-megawatt gas and steam power plant over the next 5 years in the city of Kazan (capital city of the Republic of Tatarstan in the Russian Federation). A letter of intent has been signed between M+W Group as the general contractor and P&B Investment LLC, Kazan as the project company. M+W Group will undertake the complete engineering, construction and commissioning of the plant of which the first heat supplies are expected to commence towards the end of 2012 with the project finally completed in 2013. The order volume amounts to some 280 million euro. A binding contract for the initial planning phase has been signed in Kazan after a meeting with the Prime Minister of the Republic of Tatarstan on 11 November 2010.

The driver for the constructing of the power station is the growing demand for thermal and electrical energy in Kazan and the Republic of Tatarstan. Additionally, Kazan is the venue for the 27th Universiade (www.kazan2013.com) in 2013, which will lead to a further surge in demand for electricity and district heating. At present, the growing demand for energy is met by means of electrical energy from neighbouring energy networks. Kazan, with over a million inhabitants, is located on the Volga river 750 kilometers east of Moscow.

After completion, there will be several gas and steam turbines and heat recovery boilers available. The gas turbines convert primary energy from the natural gas into electrical energy, while the heat recovery boilers convert the remaining thermal energy from the combustion gases into steam. The downstream steam turbine then converts the steam into electrical energy. The process heat to supply district heating is provided via heat exchangers. By combining power and heat production, the new power station will achieve overall efficiency of some 75 per cent (about 50 per cent electrical energy).

About M+W Group (www.mwgroup.net): M+W Group (until 2009: M+W Zander) is the leading global partner for engineering, construction and project management in the fields of Advanced Technology Facilities, the Life Science Industries, Energy & Environment Technologies and High-Tech Infrastructure. From concept development to turnkey services the company manages projects of all sizes ensuring flexibility, rapid realization and cost-effective completion. With its competence to link process technology, automation and complex facilities to integrated solutions M+W Group primarily focuses on leading electronics, life science, photovoltaic, chemical, automobile and communication companies, as well as research institutes and universities. M+W Group GmbH is the holding company with headquarters in Stuttgart, Germany. In 2009 M+W Group generated an order intake of 1.56 billion euros and revenues of 1.27 billion euros with a workforce of approximately 4380 employees.

M+W Group is owned by the Austrian Stumpf Group that is globally successful in the areas of High-Tech Engineering, Smart & Renewable Energy, Real Estate and Technology Investments.

Press contact:
Michael Gemeinhardt
Phone: +49 (0) 711 8804-1420
michael.gemeinhardt(at)mwgroup.net