In 2012 NIAEP proceeded with optimization of procurement procedures. Electronic trading platforms (ETP) were widely used for this purpose. Procurement through ETP has a number of advantages:

• Significant time-saving;
• Saving of capital for arrangement and carrying out of procurement;
• Transparency of procurement process.

In 2011 21.9% of all NIAEP tender procurement procedures were carried out by means of ETP, while in 2012 this value amounted to 99.99% (see Fig. 7.17).

Execution of open tender procedures by means of electronic trading platforms permitted to considerably reduce contract prices compared to the initial (maximum) ones. Saving on the generating units under construction amounted to:

• Rostov NPP generating unit 3 – 507.4 million rubles;
• Rostov NPP generating unit 4 – 162.9 million rubles;
• Baltic NPP generating units 1 and 2 – 621.6 million rubles.

In 2012 the total saving as a result of placement of procurement tenders on ETP amounted to 1,291.9 million rubles.

Fig. 7.17. Share of Tender Procurement Carried out
Through Electronic Trading Platforms (over 2010–2012)