Construction of CHP using public-private partnership

Moscow State University of Civil Engineering, Yaroslavskoe shosse, 26, Moscow, 129337, Russia

^* Corresponding author: letaleks2@mail.ru

Abstract

The paper presents the concept of public-private partnership that is a relatively innovative mechanics, which serves to combine the investments of the state and free enterprise in the implementation of large infrastructure projects. For Russia, it is strategically important and relevant to remain independent in the field of energy. The energy sector requires introduction of innovative facilities and modernization of facilities that are in operation A growing understanding of the urgency of the problem of budgetary investment volumes makes the state look for alternative financing mechanisms. The coordination of interests is an integral part of the interaction of the state and business in the framework of public-private partnership. The state is mainly interested in the implementation of strategic plans for the development of the energy field, as well as improving the quality and increasing the amount of services. The investors are interested in obtaining a stable refundability on investment. In these conditions, public-private partnership is the most relevant form of implementation of large investment projects in Russia. The ratio of costs and the results obtained expresses the concept of efficiency. However, public-private partnership projects are difficult to evaluate and ambiguous. For each of the participants, performance evaluation has a different nature and includes various indicators. During the life cycle of projects, the interaction conditions and risks that accompany the project may change.