September 1, 2015 / 12:18 PM / 2 years ago

BRIEF-Hafslund to construct large power plant unit in Glomma

Sept 1 (Reuters) - Hafslund ASA :

* Has decided to start construction of new unit at Vamma power plant in Glomma

* Investment framework is 920 million Norwegian crowns ($110.60 million)

* Vamma currently produces 1,350 GWh of power a year, which equates to 14 per cent of total power consumption in Oslo

* New unit, Vamma 12, will have an absorption capacity of 500 m3/s, and will generate more than 1,000 GWh of power per year

* Construction will start in autumn 2015, and project is planned for completion in spring 2019

* Construction agreement has been signed with host municipalities Askim and Skiptvet

Source text for Eikon:

Further company coverage: ($1 = 8.3179 Norwegian crowns) (Gdynia Newsroom)

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