THE QUARTER IN BUSINESS

ContourGlobal to build a steam-gas cycle power plant in Slovakia

A new steam-gas power plant is to be built next to the Coca-Cola factory in Lúka, near Nové Mesto nad Váhom. Coca-Cola Slovakia spokesman Marián Pavelka said that the plant would be built by ContourGlobal at a cost of about Sk500 million.

(Source: ČTK)

A new steam-gas power plant is to be built next to the Coca-Cola factory in Lúka, near Nové Mesto nad Váhom. Coca-Cola Slovakia spokesman Marián Pavelka said that the plant would be built by ContourGlobal at a cost of about Sk500 million.

ContourGlobal is to build 15 steam-gas power plants for Coca Cola in 12 countries, while the overall capital investment is estimated at 225 million euros. The company Coca-Cola Hellenic will provide land for construction of the power plants next to Coca Cola’s existing factories.

The company’s long-term commitment to buy energy from the gas-steam cycle operated by ContourClobal during the period under contract will guarantee the repayment of the invested capital. The output of the steam-gas power plant next to the Coca-Cola factory should be from 0.2 to 3 megawatts.

Coca-Cola intends to look after its power consumption in this way. It selected a steam-gas cycle because this generation method will reduce the factory’s carbon dioxide emissions and can generate enough heat and electricity for the company’s consumption. Excess output will be sold to power distribution networks.

Get daily Slovak news directly to your inbox

Top stories

News digest: Former state secretary describes the corruption at courts

Schools will definitely not open on Monday. Coronavirus vaccine could be available starting in mid-December. Slovakia joins campaign to fight violence against women.

The Presidential Palace lit in orange, to support the Orange the world! campaign.

One in five women has experienced violence

The situation is far from satisfactory, said President Čaputová.

Secret votes and public lies

There are uncanny echoes today of Slovakia’s agonies over its choice of chief prosecutor ten years ago.

Dobroslav Trnka (left) and Jozef Čentéš (right), the candidate who was eventually selected by MPs in 2011, never got to take up the post because the then president, Ivan Gašparovič refused to appoint him for reasons that were never clearly explained.

How a Catholic charity became a voice for migrants in Slovakia

Religious organisations have added leverage in changing perceptions of foreigners and migrants, says Caritas Slovakia.

Caritas Slovakia's ‘World Without “the Other” – Migration Myths’ campaign educates Slovaks on migration in a fun and artistic way.