Agreement of intent signed for construction of electric substation at MMPK Bronka
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Marine Multipurpose Complex Bronka (MMPK Bronka), strategic transport and logistic project of Saint-Petersburg, has seen the signing of an agreement of intent on construction of an electric substation “Lomonosovskaya” to power MMPK Bronka and the adjacent territories.
The agreement was signed in the presence of Acting Governor of Saint-Petersburg Georgy Poltavchenko by RF Minister of Energy Aleksandr Novak, Transport Minister Maxim Sokolov, Chairman of FGC UES BoD Andrey Murov, Director General of project investor Fenix LLC Dmitry Mikhalchenko.
According to the Energy Minister, the substation will be built at the expense of the private investor by the end of 2016. Total investment into the project will make some RUB 4 bln.
FGC UES (Federal Grid Company of Unified Energy System) will submit the design and construction documents for the state environmental approval by November 2014. Within 7 years starting from 2017, FGC will purchase the substation and will operate it ensuring the payback of investments and creating a background for the infrastructure development within a shorter period of time.
TR Minister Maxim Sokolov said MMPK Bronka contributes to the development of Russia’s export-import potential being a sound example of off-budget investments into economy amid unstable economic situation.
According to the Acting Governor of Saint-Petersburg, Bronka project will improve the transport and ecological situation in the city, generate new jobs and ensure additional revenue to the municipal budget of some RUB 7 bln per year.
The Marine Multipurpose Complex Bronka (MMPK Bronka) is being built on the southern shore of the Gulf of Finland, in the place where the dam and the ring road border the territory of Lomonosov. The Bronka Complex will comprise three specialized facilities: a container terminal encompassing 107 hectares, Ro-Ro terminal of 57 ha and logistics center of 42 ha. Container terminal will feature the 1.176 m-long waterfront (including 5 berths). The waterfront of rolling cargo terminal will be 630 meters (3 berths). The Bronka Phase 1 capacity is projected to be 1.45 million TEUs and 260,000 units of Ro-Ro cargoes. The facility’s container throughput is planned to be increased to 1.9 million TEUs. The Bronka Multipurpose Complex will be able to handle Panamax containerships and the ferries of Finnstar class.
Private investors are expected to inject nearly RUB 43.7 billion in the project with the Russian Government investment at some RUB 15.2 billion.
Implementation of the Bronka project will bring 2,300 work places at sea terminals alone. Upon completion of the outer harbor facilities annual direct tax payments to the budget of St. Petersburg will be at RUB 1.7 billion (plus indirect tax due to a multiplier effect – RUB 5.1 bn), the federal budget will get RUB 2.0 billion a year (RUB 5.9bn).