New 300 MW peak/backup facility at existing gas power plant, Belarus

The Swedish Export Credit Agency (EKN) is considering a guarantee for financing of equipment and services to the state-owned company RUE Minskenergo’s addition of a new facility at an existing natural gas power plant.

The project involves construction of a 300 MW peak/backup gas power generation facility at the site of the existing CHPP-5 heat and power plant located in an industrial zone 40 km southwest of the capital Minsk. The project’s main purposes are to (i) provide backup power to allow for scheduled and unscheduled shutdown of a new nuclear power plant, and (ii) ensure stand-by power during daily peaks in electricity demand.

The project has a preliminary classification as category A and its key environmental and social risks and impacts relate to the following key areas: air quality including green-house gas emissions, surface and ground water, emergency preparedness and response, and labour rights. The original Environmental and Social Impact Assessment (ESIA) of the project in Russian language and an ESIA summary in English are available in the following web links:

Environmental and Social Impact Assessment

Part 1

Part 2

EKN will conduct an Environmental and Social (E&S) due diligence of the project based on the existing ESIA. EKN will also be engaged in close dialogue with involved parties to ensure that risks are managed in line with international standards. 

 

The information was published on EKN´s website www.ekn.se on July 23th, 2020. The purpose of the publication is the stakeholders' opportunity to submit comments, at least 30 days before the decision. This procedure is in accordance with the OECD Recommendation on Common Approaches for Export Credit Agencies (ECAs). EKN has issued a guarantee offer and has not yet issued a guarantee.

Web page last updated 16 Apr 2021