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Opole power unit construction date set for February

9th December 2013
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Poland's largest utility PGE signed agreements with the contractors for the extension of its Opole power plant setting the start date for construction work as of February 1, 2014. The two 900 MW units will be built by Rafako, Polimex-Mostostal and Mostostal Warszawa. 
The gross value of the Opole extension project is zł.11.5 billion. PGE's former CEO Krzysztof Kilian was against the construction of the two new blocks citing their low profitability. 
According to the company in order for the project to be profitable, the price of electricity should be at zł.220-240 for 1 MWh while it currently stands at around zł.160 for 1 MWh.
The project was resumed after an intervention from the government. Mr Kilian resigned from the post of chief executive in late November.

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