Brussels, 02/11/2011 (Agence Europe) - On 24 October, the European Investment Bank (EIB) provided two loans totalling PLN 510 million (some €128 million) to Tauron Polska Energia SA to upgrade electricity generation in South of Poland.
PLN 300 million (some €76 million) will finance the construction and commissioning of state-of-the-art high-efficiency hard coal-fired combined heat and power (CHP) unit and associated infrastructure in Bielsko-Biala Power Plant. PLN 210 million (approx. €53 million) will support the construction and operation of a new biomass boiler at Jaworzno III Power Plant.
These projects will contribute to a higher efficiency of electricity and heat generation, and an increased usage of renewable energy resources, the EIB says, stating that “they will have a beneficial impact on the environment by reducing harmful emissions, and help to meet growing electricity demand in the country as well as local heating needs”. (OL/transl.rt)