A unit of German utility E.ON, said on Tuesday that it will build a 2.65 MW steam power plant worth 4 million euro ($4.86 million) for local mineral fertilizers producer Azomures.
The project is due to start in the spring and the new plant is expected be commissioned in early 2022, E.ON Energie Romania said in a press release.
The plant will cover between 5% and 6% of the company’s electricity needs and is expected to bring down by 4% electricity costs.
“With the implementation of this project, we will be able to get even closer to the European Commission’s Green Deal programme targets,” Azomures general manager Harri Kiiski said.
Part of Swiss agribusiness group Ameropa since 2011, Azomures produces 1.6 million tonnes of fertilizer annually, and 70% of production is destined for local farms. Azomures industrial platform is located in the western part of the city of Targu Mures and covers an area of 100 hectares.
Part of Germany’s E.ON Group, E.ON Energie Romania is an integrated supplier of gas, electricity and energy solutions. See news