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Croatian company building combined power plant in Hungary

Autor: ;mses;
ZAGREB, Sept 6 (Hina) - The Croatian company EIG has set up the firstcombined power plant for a shopping centre in Budapest, and thusstarted with the production of thermal energy and electric power forits first client in Hungary, the Zagreb Stock Exchange said on Tuesdayquoting a press release by the company. The total value of thisinvestment is 1.5 million euros.
ZAGREB, Sept 6 (Hina) - The Croatian company EIG has set up the first combined power plant for a shopping centre in Budapest, and thus started with the production of thermal energy and electric power for its first client in Hungary, the Zagreb Stock Exchange said on Tuesday quoting a press release by the company. The total value of this investment is 1.5 million euros.

The power plant uses natural gas as its propellent, and electricity will be sold to a local distributor of power supplies.

EIG has concluded a contract with the Hungarian branch of Coca Cola on the construction of a similar facility. This power plant, worth some eight million euros, is to be built this December.

The Croatian company holds a 30-percent share package in the Hungarian HMN Energia company which is to start building a combined power plant for the Teva Pharmaceuticals company in early 2006. This complex power plant is worth 11.7 million euros

(Hina) ms

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