Polish Investments to support Turów power unit construction

The construction of PGE’s 450 MW power generation unit in Turów will be co-financed from the Polish Investments program, Treasury Minister Włodzimierz Karpiński was quoted as saying by ISBnews. “Soon, Poland’s largest energy group PGE will sign an agreement with Bank Gospodarstwa Krajowego on the PLN 1 billion co-financing of the Turów unit, as part of the Polish Investments program,” the minister said during the Power Ring 2014 conference. On December 1, PGE issued a notice to proceed for the contractors of the Turów unit, a consortium formed by Mitsubishi Hitachi Power Systems Europe GmbH and Budimex. The facility is due to be completed within 56 months from the notice, in the third quarter of 2019. The value of the investment is PLN 4 billion.