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Vértesi Erdő, Tatabánya Erőmű sign HUF 1.5 bln biofuel contract

Telco

Hungarian forestry company Vértesi Erdő yesterday signed a contract for an initial HUF 1.5 bln to supply woodchips to heating plant operator Tatabánya Erőmű, and is expected to supply more than 100,000 tons of woodchips a year until 2032, about one-quarter of the company’s annual biomass production capacity, Vértesi Erdő CEO Mihály Kocsis said. 

The heating plant in Tatabánya is gas-fueled, but ongoing modifications will allow it to run on up to 86% biomass, Kocsis added.

Tatabánya Erőmű managing director Zoltán Kamarás said his company is spending HUF 7 bln on the project, including HUF 1.5 bln in European Union and state grant money. The development will add 41 jobs at the plant, which currently has a headcount of 100.

 

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