A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 155 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Modernization of Thermal Power Generation in Russia: Successful Implementation and Improvements
4 October 2019
12:00—13:15

In 2019, the first tenders were held to modernize heat-generating equipment with delivery dates from 2022 to 2025. 14 GW of equipment will be upgraded, requiring investments of about RUB 200 billion. In the first tenders, competition was fierce and there was a sizeable reduction in capital costs and single-rate prices, which attests to the success of the chosen tender mechanism. At the same time, the tenders showed that changes should be made to competitive procedures or amendments should be introduced to related Russian government resolutions. Are combined cycle gas turbine (CCGT) projects absent in the list of selected applications due to an inability to compete with foreign makers or due to the lack of domestic gas turbines? Is the power engineering sector ready to guarantee the supply of localized gas turbines to generators? Are localization requirements redundant? Should the tender be divided into thermal power plants, regional power stations, and CCGTs? Is a price floor necessary? Is it advisable to increase the Government Commission quota?

Date
04.10.2019
Forum
Russian Energy Week
Started at
12:00—13:15
Conference hall
Manege, 1st floor, conference hall 2 (Moscow)
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