# SGK to invest RUB 33.4 billion in Novosibirsk generation modernization

Siberian Generating Company (SGK) plans to invest RUB 33.4 billion by 2039 to modernize power generation in Novosibirsk. The program includes replacing turbine generators at TETs-3, increasing electrical capacity by 40 MW and thermal capacity by 140 Gcal/h.

- Type: Investment
- Announced: 2024-02-07
- Where: Novosibirsk, Russia, Russia
- Value: $370.0M (33.4B RUB)
- Starts operating: Oct 2024
- Status: announced
- Capacity: Electrical: +40 MW; Thermal: +140 Gcal/h
- Products: electricity, heat
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siberian Generating Company](https://endata.com/companies/51414.md)

## Sources

- [kommersant.ru](https://www.kommersant.ru/doc/6494554), 2024-02-07: "We will increase the electrical capacity of the station by 40 MW."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
