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Poland's PGE awards $1 bln Power Plant Contract

Posted by July 10, 2014

Poland's largest utility PGE has signed agreements with Mitsubishi Hitachi Power Systems Europe, Polish construction firm Budimex, and Spain's Tecnicas Reunidas to build a new power unit at the Turow power plant.

PGE said in a statement the net value of the agreement was 3.25 billion zlotys ($1.07 billion), and that the unit should take 56 months to build. ($1 = 3.0410 Polish Zlotys)


Reporting by Anna Wlodarczak-Semczuk

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