China Eximbank provides $312.8 million preferential buyer’s credit for 400MW Lukoml Power Plant Construction Project (Linked to Record ID#42199, #42214 and #66983)

📋 Staff Comments

1. This project is also known as the Lukomlskaya SDPP Project. The Chinese project title is 卢克木里电站项 or 白俄罗斯卢克木里电站项目. The Russian project title is Лукомльская ГРЭС or «Строительство ПГУ-400 МВт на Лукомльской ГРЭС».
2. The China Eximbank loan that supported the 400MW Lukoml Power Plant Construction Project is not included in the Overseas Development Finance Dataset published by Boston University’s Global Development Policy Center in December 2020.
3. The China Eximbank loan agreements for the 400MW Lukoml Power Plant Construction Project (captured via Project ID#66982) and the 427MW Bereza Combined Cycle Power Plant Reconstruction Project (captured via Project ID#66983) were signed on the same day and multiple sources refer to the sum total of the two loan amounts ($634,100,000) rather than their individual amounts ($321,300,000 and $312,800,000, respectively).

📚 Sources & References

• Об утверждении перечня финансируемых за счет внешних государственных займов и внешних займов, привлеченных под гарантии Правительства Республики Беларусь, инвестиционных проектов и предназначенных для реализации таких проектов технологического оборудования и запасных частей к нему, которые при ввозе на территорию Республики Беларусь освобождаются от таможенных пошлин и налога на добавленную стоимость, 2013 China Machinery Engineering Corporation Social Responsibility Report
• 宫建伟大使出席卢克木里400MW联合循环发电项目开工典礼
• Lukoml SDPP Combined Cycle Power Plant
• Chinese CCGT construction contractor to be exempt from VAT, Об уточнении отдельных показателей республиканского бюджета на 2018 год, ПЕРЕЧЕНЬвнешних государственных займов, обслуживание и погашение которых осуществляются с привлечением средств республиканского бюджета ( LIST of external government loans, servicing and repayment of which are carried out with the involvement of funds from the republican budget)
• Lukoml Power Plant in Belarus Passes Final Test
• Lukoml Power Plant Transferred Smoothly to Mark the Beginning of Warranty Period
• SINOMACH Vice President Xie Biao Visits Lukoml Power plant in Belarus
• Lukoml Thermal Power Plant Belarus is located at Novolukoml
• Vitebsk
• Belarus. Location coordinates are: Latitude= 54.6803
• Longitude= 29.1341. This infrastructure is of TYPE Gas Power Plant with a design capacity of 2460 MWe. It has 8 unit(s). The first unit was commissioned in 1969 and the last in 1972. It is operated by RUE Vitebskenergo.
• Construction of combined cycle gas turbine begins at Lukoml power plant
• Lukomlskaya SDPP
• 白俄罗斯卢克木里电站项目最终验收, ПОСТАНОВЛЕНИЕ СОВЕТА МИНИСТРОВ РЕСПУБЛИКИ БЕЛАРУСЬ 4 мая 2009 г. No 572, Постановление Совета Министров Республики Беларусь от 31.12.2010 № 1942 'О некоторых вопросах реализации соглашений с Экспортно-импортным банком Китая'
• 中国企业承建的白俄罗斯卢克木里427MW燃气蒸汽联合循环电站项目顺利移交
• Volume of Chinese investment in Belarusian energy system will reach $3 bln - ministry
• China's Overseas Development Finance Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.