Energa signs new agreement with PGG

Energa Ostrołęka Power, a subsidiary of electrical power producer Energa Power, has reached a deal for the delivery of coal to Ostrołęka B Power Station of the Polish Mining Group (PGG), valued at PLN 1.26 billion, the company said in its press release on Tuesday. "The agreement covers the period from January 1, 2017 until December 31, 2030, with the possibility to extend its duration by mutual agreement. The subject of the agreement is the supply of at least 350,000 metric tons of coal per year to power Ostrolęka B for 2017. In early December, Elektrownia Ostrolęka entered into a long-term agreement for the supply of coal to the power plant, the volume of the base is approximately 2 million tons of coal a year," said Energa.