Croatian parquet flooring maker Strizivojna Hrast will open this year a 3.3 megawatt wood-fired cogeneration plant and plans to launch a 4.66 megawatt facility of the same type in 2013, local media reported.
Strizivojna Hrast owner Mato Ravlic is investing around 115 million kuna ($22.6 million/15.6 million euro) in the cogeneration plant in Vinkovci, in eastern Croatia, which should become operational in June, news daily Poslovni Dnevnik (www.poslovni.hr) reported earlier this week.
The cogeneration project was developed in cooperation with energy services company HEP-ESCO with co-funding from the World Bank, Croatian state-owned development bank HBOR, the state-run Environmental Protection and Energy Efficiency Fund, the relevant ministries and the local authorities, Poslovni said.
Ravlic has also obtained a location permit for another cogeneration plant in Slavonski Brod, also in eastern Croatia.
Another local cogeneration plant, owned by electrical engineering company Djuro Djakovic Elektromont, is currently in trial phase, Poslovni said, giving no further details.
(1 euro = 7.3547 Croatian kuna)
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