BUDAPEST May 15 Hungarian gas wholesaler Emfesz
said on Thursday that next year it would start building its
planned gas-fuelled power plant which will have a total capacity
of 2,400 megawatts.
The first two of the plant's six 400-MW units will be
operational by 2011 and construction is expected to be completed
by 2015, Emfesz said in a statement.
The plant will be built in northeast Hungary, near the
border with Ukraine, at a total cost of 1.5 billion euros ($2.33
Emfesz said it chose the village of Nyirtass as it is close
to a gas pipeline in Ukraine which will ship natural gas to
Hungary. There are two high-voltage power lines and Hungary's
second biggest Tisza river is also close, which can provide
water for cooling.
If completed, the new power plant will be Hungary's biggest,
surpassing the country's only nuclear power generator, Paksi
Emfesz said the project firm Emfesz Eromu Kft was already
operational, and it had applied for an environmental licence.
"According to forecasts, Hungary's electricity needs will
rise by at least 2.5-3.0 percent per year," Emfesz said.
Emfesz, owned by Ukrainian businessman Dmitry Firtash, is
Hungary's biggest independent gas wholesaler and accounts for
about 20 percent of Hungary's natural gas imports.
The firm buys gas from Russian-Ukrainian gas agent
RosUkrEnergo, partly-owned by Firtash and Russian energy giant
(Reporting by Krisztina Than)