EUR 150 Mio support for a biomass and waste-fired cogeneration plant in Lithuania approved by the EC
Originally, a loan of EUR 190 million had been announced by the European Investment Bank, EIB.
Finalization of the cogeneration plant in Vilnius is scheduled for the end of 2018. One of the two units of the plant will be fuelled by non-recyclable municipal waste and the other one by biomass. The capacity of the waste-fired unit will be 18 MW electric power and 53 MW thermal power, the capacity of the biomass unit will be 70 MW electric power and 174 MW thermal power.
The power plant will be built by a German-Polish-Lithuanian consortium under a EUR 178 million contract. Biofuel burning equipment and infrastructure will be provided by a Polish company for about EUR 150 million.
Source: The Baltic Course 19 September 2016