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Metinvest Akhmetov invests $ 44 million in its own electricity generation Group …

Metinvest Akhmetov puts $ 44 million in its own generation of electricity
The Metinvest Group will invest more than $ 44 million in the construction of their own gas and solar power plants to protect production from energy risks of wartime.
And for three to four years the company, which is the largest consumer of electricity in the country, will provide itself with its own generation by 50%, told Forbes Operation Director of Metinvest Alexander Mironenko.
On April 15, the company launched its first gas warehouse at the Camethstal, and by the end of May plans to launch the same installations at the Northern and Central Mining and Processing Combines.
The total investment in the gas generation in 2025 will amount to $ 26 million. The following year, Metinvest plans to invest $ 18.1 million in 37 MW of solar power plants at the Central GOK and Kametstal.
Gas generation payback-3-4 years, solar-5-6 years. Expected annual savings due to the use of its own electricity from gas -piston installations – $ 8.5 million, solar panels – $ 4.9 million, says Mironenko.
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Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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