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January 7, 2022

Iovskaya, Russia

By Carmen

Iovskaya is a 96MW hydro power project. It is located on Iova river/basin in Murmansk, Russia. The project is currently active. It has been developed in multiple phases. The project construction commenced in 1957 and subsequently entered into commercial operation in 1960.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Hydropower 96 96 Active Murmansk, Russia JSC Lenhydroproject

Description

The project was developed by JSC Lenhydroproject. Gazprom Energoholding and Fortum Power and Heat are currently owning the project having ownership stake of 51.79% and 29.45% respectively.

Iovskaya is a reservoir based project. Iovskaya (Iovskaya Active Unit) underwent through rehabilitation & modernization during 2012-2014.Iovskaya (Iovskaya Rehab Unit) underwent through rehabilitation & modernization during 2013-2014. The project generated 536 GWh of electricity. The project cost is $22.8m.

Development Status

The project construction commenced in 1957 and subsequently entered into commercial operation in 1960.

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Power Purchase Agreement

Anheuser-Busch Companies and Phosagro are the power offtakers from the project.

Contractors Involved

Andritz Hydro was selected as the turbine supplier for the hydro power project. The project consists of 2 units of Kaplan turbines, each with 48MW nameplate capacity.

Power Machines was selected as the generator supplier for the hydro power project. The project consists of 2 generators.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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