CEZ, Skoda and GE to build 254 MW coal power plant

Skoda Praha and CEZ have agreed a partnership with GE to build a new coal-fired power plant in the Balkans.

The TPP Pljevlja II power plant in Montenegro will be developed by the trio with investor EPCG securing financing.

Skoda expects to present a final proposal of the financial structure and financing conditions for the project by the end of this month.

CEZ signed deal to build the 254 MW coal-fired plant in September 2016.

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