Kulczyk Holding, the company controlled by famous investor Jan Kulczyk, is planning the construction of a coal fueled power plant in the outskirts of Tczew.

Currently, the representatives of the company are in negations over the purchase of land for this purpose. Between 2010-2011, Kulczyk Holding will carry out geological studies and acquire relevant permits, which are necessary to carry out the investment. The commencement of construction is planned for 2012, while the operations should be launched four years later.

The cost of the new power blocks, with capacity of 1,600 MW, will amount to some €3 billion. The management of the company has decided to construct the plant in the Pomerania district, as it is characterized by a deficit in electrical energy.

Source: Parkiet