Help Desk -
9717405332, 9599714297, 9810335381
Email
Password

Tauron and PKN Orlen to build Czech heat and power plant

Power News - Published on Tue, 16 Oct 2018

Image Source: ET EnergyWorld
Emerging Europe reported that Polish energy holding company Tauron and fuel giant PKN Orlen have joined forces to build the first combined heat and power plant project in the Czech Republic. Tauron will make the required capital outlays and operate the facility while Orlen will contribute the land for the investment.

Mr Filip Grzegorczyk, Taruron’s president said that “In order to ensure energy security, we are looking at projects that diversify our power sources. The cooperation of two leading Polish corporations in energy projects is part of the government’s strategy for responsible development. Through managing the electricity in the Czech Republic, we are interested in having a modern and energy-efficient production source on this market.”

The plant would have a 50-100 MW heat production capacity while its electricity production capacity is yet to be determined.

Mr Daniel Obajtek, PKN Orlen’s President said that “The development of Polish assets in the Central and Eastern Europe region is important to us. The assumptions of the letter of intent are part of this policy, especially as we are analysing investment opportunities in the field of new chemical technologies and production installations in the Czech Republic. An important criterion for the implementation of these investment projects is to provide access to energy sources at the most attractive price.”

Source :

Posted By : Rabi Wangkhem on Tue, 16 Oct 2018
Related News from Power segment