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

PMI rises to 57 in June Analysis

PMI rises to 57 in June

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

Tihamér Tóth appointed European Court judge Appointments

Tihamér Tóth appointed European Court judge

Budapest City Council to take out HUF 32 bln development loa... City

Budapest City Council to take out HUF 32 bln development loa...

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.