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Biogas power plant to be built in Pálhalma

Agrospecial Kft plans to build a biogas power plant in central Hungary town Pálhalma at a cost of Ft 1.5 billion, the company announced. Building work will begin in October and is scheduled to be completed in 8-9 months. Construction of the power plant will be financed by loans and grants, and the investment is expected to be recouped within 8-10 years, managing director Tamás Kovács said. The facility, which will use 90,000 tonnes of dung and other organic waste materials a year, will generate enough electricity to supply 4,000-5,000 homes. The power plant will be fuelled by methane derived from dung from Agrospecial's dairy farm, which produces 5 million litres of milk a year and its pig farm, which produces 16,000 pigs a year. The heat produced by the plant will be used at the company's laundry and to heat the pig farm. The biogas plant will reduce carbon dioxide emissions by 180,000 tonnes over five years. In line with the Kyoto agreement, Austria will purchase the carbon dioxide emission savings from the company between 2008-2012.