Proceeds from the Moldovan HPP’s sales for 9 months 2021 amounted to 10 billion 423 million Russian rubles ($140.2 million at the current exchange rate of the Central Bank of the Russian Federation), up 12.7% compared to the same period in 2020.
Such data are contained in the materials of the financial statements for the specified period of the Inter RAO Group, which includes the Moldovan HPP located in the Transnistrian region (Dnestrovsk). For 9 months of the last year, the proceeds from the sales of the Moldovan HPP amounted to 9 billion 245 million rubles. According to Inter RAO's reporting, EBITDA (earnings before interest taxes, depreciation and amortization) of the Moldovan HPP increased by 13.3% - from 2 billion 605 million rubles in January-September 2020 up to 2 billion 952 million rubles for the same period in 2021. As noted by Inter RAO, the Moldovcan HPP showed positive dynamics for 9 months in 2021 due to an increase in production volumes, as well as an increase in the average US dollar / Russian ruble exchange rate. As InfoMarket agency reported earlier, the Moldovan HPP for 9 months in 2021, relative to the same period of 2020, increased electricity production by 4.9% - up to 3 billion 650.9 kWh. At the same time, the utilization factor of the HPP’s installed capacity (2520 MW) increased over the specified period from 21% to 22.12%. In the fuel balance of the HPP, the share of gas in January-September 2021 amounted to 99.54%, coal - 0.35%, fuel oil - 0.11% against 99.95%; 0.01%; 0.04%, respectively, in the same period a year earlier. As noted by the Moldovan HPP, the increase in electricity generation recorded for 9 months in 2021was associated with an increase in its consumption by enterprises of Transnistria, as well as with an increase in the volume of electricity supplies to the right bank of the Dniester, which in Tiraspol is regarded as “export to Moldova”. The revenue from sales of the Moldovan HPP in 2020 in Russian rubles amounted to 12 billion 548 million, up 20.8% compared to 2019. And EBITDA increased over the year by about 5% - from 3 billion 316 million rubles in 2019 up to 3 billion 481 million rubles in 2020.The Moldovan HPP is located in Transnistria on the western bank of the Cuciurgan estuary. The installed capacity of the power plant is 2520 MW. The thirst unit of the Moldovan HPP was put into operation in 1964. The power plant consists of 12 power units and operates on three types of fuel: coal, gas and fuel oil. The Moldovan HPP is 100% owned by Inter RAO Group, a diversified energy holding operating in various segments of the power industry in Russia and abroad. // 25.11.2021 - InfoMarket.
