Moscow, 19 March 2008. B2B-Energo's overall trading volume has
exceeded RUB304.4 billion.
The system makes it possible for the participants, including RAO UES
subsidiaries, not only to purchase equipment, consumables, fuel, and repair services, but
also hold public tenders for EPC-contracts to build new energy facilities on a turnkey
basis. Recently, OAO "TGC-10" has completed an open single-stage tender to
choose a contractor to construct a new combined-cycle generation unit at the
Chelyabinskaya CHPP-3 on a turnkey basis held through "B2B-Energo". There were
six bidders, with the contract awarded to ZAO "Intertechelectro", which offered
to implement the project for RUB3.5 billion.
B2B-Energo is used not only for traditional procurement, but also for
competitive procedures to select financial services providers. For instance, OAO
"Permenergo" held a tender to select a provider of credit facility to finance
its working capital needs. As a result, the company was able to raise a RUB2.4 billion
facility from Russia's three major banks – West-Urals Division of Sberbank of Russia,
the Perm branch of Gazprombank, and ZAO Absolut Bank.
The system's functionality has been recently expanded with a new
service, an electronic bank guarantee which is important for meeting the performance bond
requirements. Its advantages are that it is not necessary to provide hard copy documents
or open an account. Simultaneously with bidding, B2B-Energo participants submit requests
for a guarantee, and the system automatically calculates its limit and provides an
The average number of bidders in one tender is an indicator of
successful development of the e-marketplace for the electricity industry. Their number
increased form 3-4 bidders in 2005 to 14-15 bidders in early 2008.
B2B-users can simultaneously take part in more than 1,270 online
tenders and auctions.
Since the system's launch, over 37,790 tenders and auctions have been
announced on the e-trading floor, with more than 13,760 bids and offers submitted through
the system. Currently, the system is used by the great majority of suppliers of RAO
"UES of Russia" (over 15,600 entities).