INF-01
tech cond. issued
Natural gas
1.0
BCM / year
Gazprom · TC issued
Mineral fertilizer · greenfield · Major Investment Project status
Nitrogenfertilizerplant.Saratov.
165 hectares of fully-serviced industrial land at the former federal Gorny state enterprise — re-engineered into a greenfield for 1.19 million tonnes of granulated urea per year. Turnkey FEED+EPC, Russian licensors, 80/20 project financing.
Finished product · granulated urea
1.19MILLION TONNES / YEAR
Ureafor shipment1.19 Mt/year
Ammoniaintermediate product850 kt/year
/ 01 — Project
A plant where gas, water and rail already arrive.
A greenfield on a fully-serviced brownfield. All technical conditions that normally take 2–3 years — gas, water, power, rail spur, road — are already issued or in advanced negotiation for Gorny.
01.01 / Site & legacy
The site is the former defence-industry facility of the federal state enterprise "Gorny" in Mikhaylovsky settlement, Saratov Oblast. 165 hectares of industrial land with installed easements, road access, and an operating railway spur from Privolzhskaya Railway.
01.02 / Configuration
2,500 t/day of ammonia feeds a 3,500 t/day granulated urea train — a textbook nitrogen integration. Russian licensors control the process IP; turnkey FEED+EPC delivery model. 48 months to commissioning.
01.03 / Mandate
The project carries the Major Investment Project (MIP) status with direct mandates from the Ministries of Industry, Finance, Agriculture, the Government of Saratov Oblast and Privolzhskaya Railway. Sberbank is the RUB-leg anchor lender.
Status
MIP STATE-LEVEL
Footprint
165 HECTARES
EPC
FEED+EPC TURNKEY
First product
2031 Q3
Horizon
25 YRS OPEX
/ 02 — Site
165 hectares. Every utility on the fence.
Former FSE "Gorny" site in Mikhaylovsky, Saratov Oblast. Prepared industrial zone with long-term lease, MIP status, operating rail spur from Privolzhskaya Railway and the federal P208 highway adjacent.
Location · Saratov Oblast
п. Михайловский, Саратовская обл.51°37′N · 48°17′E · 165 Га
On-site utility schematic
/ 03 — Infrastructure
Six utility lines. All on the fence.
For natural gas — technical conditions have been issued by PJSC Gazprom. For the rest — preliminary agreements with operators; the final tech-conditions are processed in parallel with the FEED stage and do not block the project timeline.
INF-02
preliminary
Process water
30K
m³ / day
B. Irgiz river intake
INF-03
preliminary
Electric supply
55
MW · 220 kV
Stepnaya substation
INF-04
preliminary
Rail spur
5K+
t / day capacity
Privolzhskaya Rail
INF-05
preliminary
Highway
P208
federal route adj.
Heavy load corridor
INF-06
tech cond. issued
Footprint
165
ha long-lease
Brownfield · industrial
/ 04 — Production
Two trains. One nitrogen integration.
A classic, deeply de-risked configuration. Gas is reformed into ammonia; ammonia + CO₂ react into granulated urea. Both products ship by rail. Russian process licensors keep the IP onshore.
/ 04.01
AmmoniaNH₃
FEED · NATURAL GASREFORMING · SYNTHESIS
/ 04.02
UreaCH₄N₂O
NH₃ + CO₂GRANULATION · BAGGING
/ 04.03
Logistics
SITE LOAD-OUTPRIVOLZHSKAYA RAIL · BLACK SEA PORTS
/ 05 — Partners & support
Endorsed at the federal level.
The MIP designation is not a label but a coordinating mandate across five federal ministries, the regional government, the rail operator, and the anchor lender. Every party below has issued a binding instruction, allocation, or technical condition.
Минпромторг РФ
MINISTRY
Минфин РФ
MINISTRY
Минсельхоз РФ
MINISTRY
Прав. Сар. обл.
REGION
Sberbank
BANK
VEB.RF
DEVELOPMENT INSTITUTION
Sinosure
STRATEGIC
Sedin
EPC CANDIDATE
CNCEC
GENCO
TopTech
NH₃ LICENSOR
NIIK
UREA LICENSOR
Privolzhskaya
LOGISTICS
05.01 Government
- МинпромторгMINISTRY
- МинфинMINISTRY
- МинсельхозMINISTRY
- Правительство СОREGION
05.02 Finance
- SberbankBANK
- VEB.RFDEVELOPMENT INSTITUTION
- SinosureSTRATEGIC
- Embassy CNSTRATEGIC
05.03 Engineering / Contractors
- SedinEPC CANDIDATE
- CNCECGENCO
- TopTechNH₃ LICENSOR
- NIIKUREA LICENSOR
05.04 / Selection process
For each contour (EPC, NH₃ licensor, urea licensor, GENCO) we have completed competitive comparisons on price, schedule and references. With all listed parties — working relationships at the senior executive level; counterparts have confirmed willingness to participate. Final contractor selection — jointly with the strategic investor, after deal structuring and technical alignment.
/ 06 — Capital structure
Two schemes. Tailored to the investor profile.
Detailed economics — IRR, NPV, sensitivity, covenant headroom — live behind the data room NDA. Below is the public side: which financing routes are open, and which state incentives are already fixed.
06.01 / Structure
Base case: 20% equity from sponsor or strategic investor, 80% project debt. Alternative above — Build-and-Transfer (Russian consortium builds and hands over the operating plant after commissioning).
Lenders, schemes, covenants, IRR / NPV / DSCR, drawdown schedule — under NDA in the data room (Financial model section).
/ 06.02 — Incentives
SPIC 2.0, MIP and project preferences — locked in for the investor.
SPIC 2.0
Special Investment Contract between the investor and the Ministry of Industry of the Russian Federation. Fixes stable taxation and customs conditions for the project horizon. Signed upon investor onboarding.
MIP
Major Investment Project status of Saratov Oblast: fast-track approvals, regional-share property and profit tax relief, simplified access to infrastructure subsidies.
Other
Additional mechanisms: CPPC, SZPK, investment tax credit, preferential land lease, development institution instruments. The exact package is tailored to the investor profile.
/ 07 — Access
The numbers,
the contracts,
the schedule.
Information Memorandum, FEED package, financial model and the 18-permit map are kept in the closed data room. Access is granted by an invitation code received directly from the project team.
Enter Data Room →