Ostrołęka coal power plant Unit C (1000MW)

23/12/2016
Project development

Zl 5.5 billion

$ 1.417 billion

Announced

23/12/2016


Overview:

  • Ostrołęka coal power plant Unit C (1000MW).
  • The expansion plans consist of the construction of a new unit at the existing plant.
  • The original expansion plans for the plant were put on hold in 2012 due to problems securing financing.
  • The concession was reopened in December 2016 after the signing of an investment agreement by Polish energy companies Energa and ENEA along with project SPV Elektrownia Ostrołęka.
  • Construction of the new unit is expected to begin in 2018 and be completed in 2023.
  • The resurrection of the expansion plans is largely down to the Polish government's support for the coal industry, as the plant will be fueled by coal from the Bogdanka mine.
  • The original Ostrołęka A plant itself was commissioned in 1956, with Unit B being built in 1972.

Sam Duke - Editor

Jurisdiction:

Poland

Deal type:

Project development

Practice area:

Project development

Governing law:

Poland

Industry sector:

Energy


Firms:

Party: Mitsubishi Hitachi Power Systems Europe (Bidder)