OREANDA-NEWS. As of the year-end, E4 Group remains one of the biggest engineering companies in Russia and continues gaining grounds in the market.* Today, E4 Group is a “full cycle” engineering company, which implements a “turn-key” projects. In 2012, the Company accomplished the construction of EPC projects with a total capacity of 870 MW, and proceeded with the new ones.

In spring 2012, Order Portfolio of E4 Group got topped up by a new EPC contract: upon order of KES-Holding, the Company will carry out a package of construction works at Izhevskaya TPP-1 with a capacity of 235 MW. The works package includes elaboration of the required documentation, construction and erection works, delivery of the whole auxiliary equipment, commissioning, participation in start-up activities and certification of the power generating equipment. By implementing this project, it will be possible to increase the installed electric power of Izhevskaya TPP 4 times (from 69 MW to 290 MW), to decommission the out-dated equipment, as well as to decrease specific fuel consumption and to increase efficiency of the plant.

In 2012, E4 Group continued working in Cherepovetskaya GRES and Serovskaya GRES. Currently, the major and minor equipment is being installed on sites. The construction-phase works are about to finish. The construction works in 65 MW CCPP at Zhodinskaya TPP (Borisov, Belarus) were officially started.

E4 Group keeps on implementing projects in nuclear sector. Thus, a unique spent fuel storage facility is being successfully constructed in Zheleznogorsk. It is to remind that in late 2011 JSC “Bureyagesstroy”, which is a company comprised by E4 Group, successfully fulfilled the project on construction of the first phase of the storage facility, while in April 2012 unloading of the first lot of fuel from Leningradskaya NPP was started. In May 2012, JSC “Bureyagesstroy” and FGUP “Mining Chemical Works” (comprised by State Corporation Rosatom) signed a contract for the construction of the second phase of a spent fuel storage facility. Moreover, AES-Buran (a business unit of E4 Group) concluded a contract with JSC “SPbAEP” – a general designer of Leningradskaya NPP-2. The signed contract includes elaboration of the detailed documentation related to engineering utilities of buildings and structures of the first construction phase of LNPP-2 for the year 2012. Signing contracts for the construction of nuclear industry facilities means that E4 Group has all the necessary competencies and is capable of implementing projects in such a difficult sector as the nuclear power industry.

E4 Group finalized the projects, where the Owner was LUKOIL. Putting into operation a new 410 MW combined cycle power plant at the existing Krasnodarskaya TPP is of strategic importance for development of the entire power infrastructure of Russia, and it is intended for covering heat loads not only of Krasnodar city, but also for electrical loads of the Power System of the South of Russia. It is worth noting that it is one of the most environment-friendly power projects in Russia, to a large extent due to installation of state-of-the-art equipment produced by leading world manufacturers. E4 Group carried out a full package of works for the construction of the power unit, and in late 2012 it signed the works acceptance act with the Owner. Moreover, the construction of CCPP at Astrakhanskaya GRES and expansion of the “Central” Boiler House were fulfilled.

In 2013, the main strategic fields for the Company’s development are first of all to complete the construction of facilities at main sites, as well as to increase and diversify the Order Portfolio. As said Andrey Malyshev, President of E4 Group, “Today, we are actively preparing for start-up of Nyaganskaya GRES Units 1 and 2. The works on the main construction sites are ongoing, and in the nearest future E4 Group will proceed with implementation of new EPC projects.”

* Market share of the Company as regards to the capacities put into operation in 2011 – 11%; forecast for 2012 – 13.7% according to Information Agency INFOLINE.