Doneral FRS Group to invest EUR130mn in biofuel power plant
2011-08-10 17:04:48
Ireland-based Doneral FRS Group announced plans in the next three years to build a biofuel power plant in Ukraine, according to the Ukrainian Biofuel Portal.
The Irish company is ready to invest EUR 130 million in the construction of the station.
It is also said that the plant will be located in Krasyliv district, Khmelnytsky region, west of Ukraine. Khmelnytsky Regional State Administration has already approved all project plans, and is preparing for the construction.
The Krasyliv "green" power plant will burn about 300,000 tons of biofuel annually, reducing emissions of carbon dioxide in the atmosphere and positively influencing the environmental situation in the region.