Газовая генерация 100 МВт | NG/APG power generation 100 MW

Investment Memorandum

Construction of a 100 MW
gas power plant in Eastern Siberia:

Profitable energy source for crypto-mining and data-center applications, with the ability to sell power to the mains electricity grid

Ability to hedge the power cost at a low level for 25 years

Cold climate, average early temperature of −3°C. Reduced energy usage to cool down computing equipment

Broadband Internet access from local telecom providers, 200 Mbit/s bandwidth

Year-round logistical connectivity to Irkutsk by car or truck

Building Location

The suggested building location of the power plant is in Ust-Kut rayon (county) of Irkutsk oblast (province) of Russia, some 1000 kilometers away from the nearest large city, Irkutsk.

The natural gas (including APG – associated petroleum gas) will be supplied by a local company, partially owned by international investors (USA, Japan), one of the biggest independent producers of hydrocarbon fuels in Russia. The company's confirmed gas reserves are estimated at 200 bln. cubic meters.

Project Objectives

Creating the cheapest source of energy for crypto-mining and data-centers

Creating independent power generation capacity

Selling power to various customers

Reliability and safety of the power source

Caring for the environment

Implementation of the Project

I.

Construction of a local gas power generation facility intended for gas-turbine engines working in power-generation mode using natural gas or associated petroleum gas (APG) as fuel.

II.

The main gas power generation complex will be a gas turbine power plant with the total output capacity of 100 MW, consisting of 4 EGES-25 (ЭГЭС-25) gas-turbine power generation installations.

Project Timeline

Idea Development

Project Rationale

Preparation for Construction

Construction and Launch

Development of a simple preliminary technological design of the project
Rough estimate of capital expenditures and current expenses

Fuel supply system development
Project execution planning
Computational modelling
Selecting the optimal technical solution

Preliminary technical and economic assessment
Project go decision

Development of the construction documents
Equipment suppliers contest
Making deals for gas supply
Getting the building permit from the local government

All required documents, deals, and permits for construction

Construction of the power plant
Fuel supply and other infrastructure construction
Getting the launch permit from the local government

Independent energy source

Stage Complete

6 months

12 months

Equipment Layout

Gas Pipeline

Reduction Unit

Fuel Gas
Transport System

Fuel Gas
Preparation Unit

Diesel Power Generator AKSA APD-1425M,
P = 1 MW as an Auxilary Power Unit

Diesel Fuel Storage Tank
V = 10 m³

GTES-100MW (ГТЭС-100МВт) Power Plant
based on four EGES-25 (ЭГЭС-25) units

Control Unit
in a modular building

Power for the
plant operation

Switchgear Unit ZRU-6 (ЗРУ-6) 10 kV
in a modular building

0.4 kV Power Output Switchgear Units
in modular buildings

Project Parameters (without VAT)

Parameter	Value
Please note: the values in this table are originally in Russian rubles (RUB). RUB/USD rate used for conversion: 77.7325
Adjustable Parameters:
Electricity sale price, USD / kWh
Gas Price, USD per m³
Capital Expenditures Adjustment Rate, %
Main Calculated Indicators:
Cost price of electricity, without capital expenditures, USD / kWh	{{x.bare_cost\|rate3}}
ROI (Return on Investment), % yearly	{{roi\|rate3}}%
Investor's ROI (Return on Investment), % yearly	{{inv_roi\|rate3}}%
Payback Period, years	{{(pp_years - x.investment_phase)\|rate1}}
Payback Period, years	{{(inv_pp_years - x.investment_phase)\|rate1}}
Fixed Parameters:
Installed power capacity available to customers, MW	{{x.power}}
Capital Expenditures, USD	{{x.capex\|rate}}
Running cost, USD / KWh	{{x.running_cost\|rate}}
Calculated Indicators:
Payback Period, years	{{pp_years\|rate1}}
Payback Period, years	{{inv_pp_years\|rate1}}
Electric power sales, MWh / year	{{electricity_output\|rate}}
Sales, USD / year	{{sales\|rate}}
Running Cost Total, USD / year	{{running_cost_total\|rate}}
Capital expenditures, adjusted, USD	{{capex_corrected\|rate}}
Specific cost of capacity by equipment, USD per 1 kW, at cost price	{{c_specific_cost_eq\|rate}}
Number of operating hours at full capacity, per year	{{working_hours_per_year\|rate}}
Fuel consumption at full capacity, m³ per hour	{{total_fuel_consumption\|rate}}
Yearly fuel consumption at full capacity, m³	{{yearly_fuel_consumption\|rate}}
Cost of fuel, USD per year	{{gas_cost\|rate}}

Value, thousands of USD	Year {{row.num}}
Investment	{{(row.investment / 1000)\|round\|rate\|hyp}}
Sales	{{(row.sales / 1000)\|round\|rate\|hyp}}
Operating expenses	{{((row.fuel_cost + row.running_cost + row.extra_cost) / 1000)\|round\|rate\|hyp}}
including fuel cost	{{((row.fuel_cost) / 1000)\|round\|rate\|hyp}}
including running cost	{{((row.running_cost) / 1000)\|round\|rate\|hyp}}
including other expenses	{{((row.extra_cost) / 1000)\|round\|rate\|hyp}}
Fixed assets at the beginning of the year	{{(row.property_value / 1000)\|round\|rate\|hyp}}
Fixed assets at the end of the year	{{(row.end_value / 1000)\|round\|rate\|hyp}}
Fixed assets depreciation ({{x.dperiod}} years)	{{(row.dep / 1000)\|round\|rate\|hyp}}
Property tax	{{(row.property_tax / 1000)\|round\|rate\|hyp}}
Profit	{{(row.profit / 1000)\|round\|rate\|hyp}}
Corporate income tax	{{(row.income_tax / 1000)\|round\|rate\|hyp}}
Operating cash flow	{{(row.cash_flow_operating / 1000)\|round\|rate\|hyp}}
Project's cash flow	{{(row.cash_flow / 1000)\|round\|rate\|hyp}}
Accumulated project's cash flow	{{(row.cash_flow_acc / 1000)\|round\|rate\|hyp}}
Electricty net cost, USD / KWh	{{(row.bare_cost)\|rate3\|hyp}}
Cash flow distribution between the investor and the company
Capital expenditures
Investor ({{x.investor_capex_share\|rate}}%)	{{(row.investment / 1000 * (x.investor_capex_share / 100))\|round\|rate3\|hyp}}
Company ({{(100 - x.investor_capex_share)\|rate}}%)	{{(row.investment / 1000 * (1 - (x.investor_capex_share / 100)))\|round\|rate3\|hyp}}
Cash flow
Investor ({{x.investor_cashflow_share\|rate}}%)	{{(-row.cash_flow_operating / 1000 * (x.investor_cashflow_share / 100))\|round\|rate\|hyp}}
Company ({{(100 - x.investor_cashflow_share)\|rate}}%)	{{(-row.cash_flow_operating / 1000 * (1 - (x.investor_cashflow_share / 100)))\|round\|rate\|hyp}}
Investor's cash flow	{{row.cash_flow_investor / 1000\|round\|rate\|hyp}}
Accumulated investor's cash flow	{{row.cash_flow_investor_acc / 1000\|round\|rate\|hyp}}

Investment Proposal

We invite potential investors to take part in the creation of a source of cheapest electric power for mining and data-center applications.

The total amount of capital expenditures is estimated at 74,6 mln. USD.

Terms of participation are subject to negotiation. The minimum entry threshold for potential investors is set at 10 million USD.

Our Team

Yan Glukhov

Co-founder and President

Head of a number of large and medium-sized manufacturing enterprises in the field of engineering and metallurgy.

Owner of IZTM group of companies (http://iztm.ru).

Founder of a joint Russian-Chinese enterprise in partnership with QINYE HEAVY INDUSTRY CO., LTD.

Founder of Irkutsk City development project (http://www.irkutskcity.ru).

Dmitry Zuev

Co-founder and Vice-President for Development

Experienced in creation and promotion of investment and banking services for the private sector. Held managerial positions at vertically integrated banking institutions, has competence in creating banking and brokerage products for the corporate and consumer banking sectors.

Head of the Commitee for Public Contracts and Digital Economy, Irkutsk regional branch, "OPORA ROSSII" Non-governmental Organization for Small and Medium Businesses.

Founder of the "Next Generation Energy" project – a crypto-mining platform.

Svetlana Lepekhova

Project Ecologist

PhD in Biological Sciences

Hirsch index of 15.

International researcher. Author of 35 inventions and projects in the field of cell biology.

Head of the Medical and Biological Research and Technology Department at Irkutsk Scientific Center, Siberian Branch, Russian Academy of Sciences.

Contact Us

E-mail:
info@ngas-energy.com

Value, thousands of USD	Year {{row.num}}
Investment	{{(row.investment / 1000)\|round\|rate\|hyp}}
Sales	{{(row.sales / 1000)\|round\|rate\|hyp}}
Operating expenses	{{((row.fuel_cost + row.running_cost + row.extra_cost) / 1000)\|round\|rate\|hyp}}
including fuel cost	{{((row.fuel_cost) / 1000)\|round\|rate\|hyp}}
including running cost	{{((row.running_cost) / 1000)\|round\|rate\|hyp}}
including other expenses	{{((row.extra_cost) / 1000)\|round\|rate\|hyp}}
Fixed assets at the beginning of the year	{{(row.property_value / 1000)\|round\|rate\|hyp}}
Fixed assets at the end of the year	{{(row.end_value / 1000)\|round\|rate\|hyp}}
Fixed assets depreciation ({{x.dperiod}} years)	{{(row.dep / 1000)\|round\|rate\|hyp}}
Property tax	{{(row.property_tax / 1000)\|round\|rate\|hyp}}
Profit	{{(row.profit / 1000)\|round\|rate\|hyp}}
Corporate income tax	{{(row.income_tax / 1000)\|round\|rate\|hyp}}
Operating cash flow	{{(row.cash_flow_operating / 1000)\|round\|rate\|hyp}}
Project's cash flow	{{(row.cash_flow / 1000)\|round\|rate\|hyp}}
Accumulated project's cash flow	{{(row.cash_flow_acc / 1000)\|round\|rate\|hyp}}
Electricty net cost, USD / KWh	{{(row.bare_cost)\|rate3\|hyp}}
Cash flow distribution between the investor and the company
Capital expenditures
Investor ({{x.investor_capex_share\|rate}}%)	{{(row.investment / 1000 * (x.investor_capex_share / 100))\|round\|rate3\|hyp}}
Company ({{(100 - x.investor_capex_share)\|rate}}%)	{{(row.investment / 1000 * (1 - (x.investor_capex_share / 100)))\|round\|rate3\|hyp}}
Cash flow
Investor ({{x.investor_cashflow_share\|rate}}%)	{{(-row.cash_flow_operating / 1000 * (x.investor_cashflow_share / 100))\|round\|rate\|hyp}}
Company ({{(100 - x.investor_cashflow_share)\|rate}}%)	{{(-row.cash_flow_operating / 1000 * (1 - (x.investor_cashflow_share / 100)))\|round\|rate\|hyp}}
Investor's cash flow	{{row.cash_flow_investor / 1000\|round\|rate\|hyp}}
Accumulated investor's cash flow	{{row.cash_flow_investor_acc / 1000\|round\|rate\|hyp}}

0.007 USD per kWh