Government plans to raise the cost limits of two GRES power plants by 55 billion rubles

Name: Government plans to raise the cost limits of two GRES power plants by 55 billion rubles
Start: 2026-10-09T17:01:17Z

9 Oct 2026IRAO

According to Kommersant, the government intends to increase CAPEX for the modernisation of Inter RAO's Kashirskaya GRES and Gazprom Energoholding's Novocherkasskaya GRES by 36% and 45% respectively — by almost 55 billion rubles in 2025 prices. The projects, selected in 2021 under a special quota for innovative gas turbines, have become more expensive because of the rising cost of construction and installation work and unforeseen expenses.