ADVERTISEMENT

Power Plant Tender Draws Int'l Interest

Int’l Relations

Mátra Power Plant

A tender called in March to build power plants with a combined capacity of up to 1,650 MW in the east of Hungary has attracted interest from China, Egypt, Greece, and Turkey, in addition to Western European companies, the Ministry of Energy Affairs said in a release on its website.

Six applicants have been cleared to participate in the tender to build two combined cycle gas turbine blocks with a capacity of up to 500 MW apiece at the MVM Tisza Power Plant in Tiszaújváros (185 km northeast of Budapest), and six have been approved to bid for the construction of a single CCGT block, with a capacity of up to 650 MW, at the Mátra Power Plant in Visonta (89 km northeast of the capital), the ministry said.

Construction of the plants is expected to take up to three-and-a-half years once the public procurement procedure is closed.

Erste Bank Hungary Q1 Earnings Close to HUF 29 bln Banking

Erste Bank Hungary Q1 Earnings Close to HUF 29 bln

EC Reconsiders Some CAP Provisions EU

EC Reconsiders Some CAP Provisions

Living's Kassák Terrace and Park West 3 Classified as Brownf... Residential

Living's Kassák Terrace and Park West 3 Classified as Brownf...

Aldi Opening Biggest Store in Budapest Food

Aldi Opening Biggest Store in Budapest

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.