Sunday, October 7, 2007

Tauron Polska Energia plans talks with KGHM about building power plant

Tauron Polska Energia plans talks with KGHM about building power plant



WARSAW (Thomson Financial) - Poland's second-largest power company Tauron Polska Energia plans to start talks with the country's largest copper miner KGHM about building a power plant of up-to-5,000 MW near the south-western city of Legnica, daily Parkiet reported its deputy chief executive as saying.

'We want to initiate talks with KGHM about building (the plant) near Legnica,' Remigiusz Nowakowski, deputy chief of state-controlled Tauron - which controls 20 pct of the Polish power market and was previously called Energetyka Poludnie - told Parkiet. 'There are large deposits of brown coal there.'

The construction of a 5,000 MW coal-fired power plant could cost around 7.5 bln eur, the paper said

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