Azerbaijan, Baku, 1 December / Trend /The capacity limits in the ' Azerbaijan' thermoelectric power station in Mingachevir, which is the largest station in the South Caucasus, was removed in the result of repair works, the Azerenergy open joint stock company reported.
The increase of the power became possible after conducting of medium repair on the first, third and seventh power units, and also innovation repair on the eighth power unit.The European Bank of Reconstruction and Development (EBRR) allocated $92mln for reconstruction of the station. The credit, given out under the state guaranty, is connected with the obligations undertaken by Azerbaijan before the international financial institutes regarding conducting of reforms in the energy sector
The means, represented by European Bank, is planned to direct toward the regulation of tariffs, financial account and estimations within the framework the Kyoto protocol according to reduction of harmful ejections into the environment. Credit means will be spent on an improvement in the reliability, effectiveness and conditions of health and safety. Reconstruction also will make it possible to decrease the ejection of carbon dioxide. These means will be added for $115 million, which EBRR allocated into the reconstruction of station in November 2006.
The Chinese CNEEC company became the winner of the tender, which was announced by Azerenergy, to reconstruct the station. The time line to reconstruct the station is 34 months. The production capacity of the station will touch 2,600 MWt after the reconstruction.
According to representatives from Azerenergy, the reconstruction of seven power units in the station will benefit in the sum of $300,000 per day due to save of black oil. In addition, Azerenergy will receive €150mln due to reduce of nitrogen, carbon acid and sulphur trioxide within the Kyoto protocol.
The emission of carbonic acid in the Azerbaijan' thermoelectric power station may be reduced to 8.2mln tons until 2012 that will allow Azerenergy to obtain 'credit of carbonic acid' envisaged in the Kyoto protocol.
' Azerbaijan' thermoelectric power station, which was built in 1980s, is the largest power station in Azerbaijan. It has power units with the capacity of 300MWt. However, the capacity in the station dropped due to wear out. In 2008, Azerenergy jointly with the Russian "Power machine' company held the reconstruction of the fifth power unit that allowed to increase the capacity to 330-340MWt.
The project to reconstruct the power station includes the improvement of seven power units, intake system and chimney.