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860MW Combined Cycle Gas Turbine Power Plant Project (Hungary) – PRORED Solutions

Management of the pre-construction phase development of a 860 MW electrical power capacity dual fired Combined Cycle Gas Turbine (CCGT) Plant consisting of preparation of Detailed Feasibility Study, Environmental (PEA+IPPC), Grid Connection and Building Permits, EPC Contract and Long Term Maintenance Contract negotiations, Detailed Business Plan preparation, Commercial Contracts negotiations and Investment/Financing negotiations.

Project SponsorJoint Venture of CEZ AS. (Czech) and MOL Plc. (Hungary)
Development Period54 Months (July 2008 - December 2012)
Main VendorsSIEMENS AG (Germany), FOSTER WHEELER AG (Switzerland), SKODA AS (Czech)
Project Value700 MEUR
Project LocationSzázhalombatta, Hungary
Project StatusFully licensed site, prepared plot ready to construction, signed and on hold EPC contract, ready to sign commercial contracts Prolonged investment decision in 2012