RWE, PGNiG in talks to build 800 MW gas fired plant in Poland

30 July 2008 – Germany’s RWE is in talks with Polish gas group PGNiG to build an 800 MW gas fired power plant for up to 6.3bn zlotys ($3.1bn).

According to Parkiet, the project would involve two 400 MW units close to PGNiG’s underground gas storage facilities in either Wielkopolska, western Poland or in Podkarpac, south eastern Poland.

“We are interested in all projects that aim at raising our gas sales,” said PGNiG’s spokesperson Joanna Zakrzewska, but declined to comment on any specific plans.

In June, RWE agreed to build a coal-powered 800 MW plant in Poland for 1.5 bn euros in partnership with the country’s largest miner Kompania Weglowa.

Analysts said the project, which could start this year, should benefit PGNiG.