K&M was engaged by KMR Power Corporation for the 150 MW electrical, 600 t/hr. steam capacity combined cycle cogeneration power plant being developed on an Independent Power Project basis for the Magnitogorsk Metallurgical Works (MMK) in Magnitogorsk. K&M’s scope of work included technical and financial due diligence, and EPC contracting. Technical due diligence work covered: comprehensive assessment of the facility’s capability to perform with respect to the project’s capacity requirements, environmental conditions and according to generally accepted engineering standards; comprehensive technical evaluation of the project agreements; and evaluation of power system interaction and grid compatibility for transmission line load flows. K&M’s financial due diligence included developing the financial and tariff model for the project. K&M’s work on EPC contracting included: developing project’s technical specifications, drafting EPC contract, assisting with permits, competitively procuring and negotiating EPC contract.