EIB LIGNITE – POLAND
June 1st, 2005
BY KEITH NUTHALLTHE EUROPEAN Investment Bank (EIB) is lending Euro 220 million to modernise Europe's largest lignite fuelled power plant, in Belchatow, central Poland, making it more efficient and reducing its polluting emissions. The loan will upgrade four out of the 12 electricity generation units of the BOT-Belchatow Power Plant, which generates about 20% of Poland's electricity production. Operator Elektrownia Belchatow SA will handle the loan, focusing on installing, modernising and upgrading emission reduction facilities and updating the plant's water and ...
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