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Project "Beregovaya" received a positive conclusion of the Krasnodar region administration

18 December 2013

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JSC "WIND PGC" confirmed the high level of technical, economic and social importance of investment project on construction a wind farm in the Temryuk district of Krasnodar region. Project "Beregovaya wind farm 90 MW" received a positive conclusion of the Investment Board of the administration of Krasnodar region. Thus, a special committee agreed the construction of wind power capacity of 90 MW in Krasnodar region. This event is a importance milestone and it is positive impact on the further implementation of the Project in many ways, including in matters of land allocation for the power plant.

According to the results of 2013 JSC "WIND PGC" notes that the Project have significant achievements. The eight months of wind measurement were done. The results of these measurements show excellent wind conditions for the construction of the wind farm. The capacity factor is about 37%, that confirms the cost-effectiveness of the Project. Capacity output scheme was elaborated and agreed with local grid company. Many agreements were signed with international manufacturers of wind turbines, international financial institutions and commercial banks. Accomplished achievements and results allow JSC "WIND PGC" to participate with the Project in government tender 2014.

FYI:

Interdepartmental expert investment committee under the administration of the Krasnodar Territory was created in order to implement the policy of the administration to protect the edge of the economic interests of the region, attracting investment into the region's economy, increase the tax base, coordinating the development of industrial facilities, industrial and social infrastructure, the rational use of labor and energy, ensure the protection of the environment, the land and its subsoil, air, rational use and reproduction of natural resources, maximize the preservation of agricultural and forest land, natural resources, the Black Sea and Azov Sea, Krasnodar Territory. The expert council consists of representatives of the executive authorities of the Krasnodar Territory.