ESI dips toe in renewable energy with hydro-powerplant proposals

Wrocław-based ESI is investing in renewable energy sources with the construction of a hydro-powerplant in Rzeszów. Preliminary estimates suggest the 690 kW plant would cost zł.10 million. The money would be obtained from the company's own funds and a regional environmental fund. Preparatory works would take about a year, while construction and installation would take a further two years and live transmission could start in mid-2007. ESI's shareholders are individuals and this would be the first investment by the company. "We are looking for places suitable for constructing a small hydro power plant. We are preparing concepts and models of the plant," said ESL's Andrzej Kokociński. The company is also engaged in preparing seven other small hydro-power stations, costing around zł.30 million. (Puls Biznesu, p. 9) M.M.