The government plans to increase funding for the modernization of Kashirskaya GRES, owned by "Inter RAO," and Novocherkasskaya GRES, managed by "Gazprom Energoholding," by almost 55 billion rubles in 2025 prices. According to "Kommersant," the budgets of these power plants will increase by 36% and 45% respectively.
The proposals are expected to be considered at a meeting of the government commission for electric power development on October 14. If approved, the cost limit for Kashirskaya GRES will increase to 129.4 billion rubles, and for Novocherkasskaya GRES to 66.4 billion rubles in 2025 prices. The final decision has not yet been confirmed.
At Kashirskaya GRES in the Moscow region, two combined cycle gas turbine (CCGT) units with a capacity of 450 MW each, equipped with GTE-170 gas turbines manufactured by "Silovye Mashiny," are planned for construction. Their commissioning is scheduled for January 2028. At Novocherkasskaya GRES in the Rostov region, two CCGT units with capacities of 324 and 170 MW, based on GTD-110M turbines from United Engine Corporation, part of Rostec, are expected to be operational by July 2028.
The main reasons for the cost increase were construction and installation works and an increase in reserves for unforeseen expenses. The materials for Kashirskaya GRES also indicate changes in technical solutions: the construction of a switchgear, expansion of connection to power grids, and laying of a gas pipeline. The total cost of these measures is estimated at approximately 16.5 billion rubles. At the same time, the costs for the main generating equipment for the Kashirskaya station, on the contrary, decreased by 4.3 billion rubles.
The "Energy Consumers Community," which unites large industrial enterprises, acknowledges the existence of objective factors for the cost increase but points to the high profitability of the projects. According to the association's estimates, it was 20.1% in 2025, will reach 20.7% in 2026, and will approach 21% in 2027. Therefore, the organization considers it unreasonable to pass all additional costs on to consumers while maintaining this profitability.