HomeCoal FiredMajor investment agreed for Slovakian coal power plant

Major investment agreed for Slovakian coal power plant

The Vojany power station in eastern Slovakia is set for modernisation after the country’Vojany coal-fired power plants economy ministry announced the signing of a memorandum of understanding withr US energy firm Theta Energy.

The deal enables potential investment of between $600-800m to modernise the coal-fired power plant.

The 220 MW Slovenske Elektrarne owned plant could see investment in not just the modernisation of the plant but also the creation of a technology park to develop and produce innovative technologies.

A deal could add 800 jobs, the ministry said, in a region where up to 20 percent are unemployed, twice the national average.

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