EBRD POLAND COAL POWER GENERATION

BY KEITH NUTHALL

THE EUROPEAN Bank for Reconstruction and Development (EBRD) is planning to invest Euro 70 million in Poland's Dolna Odra coal-fired power station, buying a minority stake from Spain's Endesa, which is buying its three plants. Endesa will revise coal purchases - currently shipped from Upper Silesia, and spend Euro 200 million on desulphurisation and other environmental equipment.

ENDS


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