Mátrai Erőmű to launch Visonta power plant project

Green Energy

Mátrai Erőmű Zrt, the operator of Hungary’s largest coal-fired power plant, has approved a €750 million project that will create a new 400 MW unit in Visonta, northern Hungary.

The company is also planning to step up production at the coal mine of nearby Bükkábrány, President Jan Zilius of majority owner RWE Power AG announced. The contractor for the new power plant unit is likely to be selected before the end of 2006, however, implementation is contingent on whether Mátrai will receive sufficient emission credits under the national allocation plan between 2008 and 2012, according to the press release. The company has recently completed a Ft 16 billion upgrade, adding equipment to improve the performance and controllability of two existing gas turbines. (Világgazdaság)

ADVERTISEMENT

Századvég raises GDP forecast to 7.8% Analysis

Századvég raises GDP forecast to 7.8%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

BFK developing regional cycling strategy City

BFK developing regional cycling strategy

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.