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Cassovia Bio Energy to build biomass heating plant for Sk1 billion

Cassovia Bio Energy, s.r.o., has said it plans to construct a biomass heating plant costing approximately Sk1 billion (€33.193 million) in the eastern Slovak city of Košice. Igor Gula, a representative of R GES, one of Cassovia Bio Energy's partners, said that Austrian and Slovak banks will participate in the project, the SITA newswire reported. The project is also expected to receive financing from EU structural funds. The heating plant should consume about 85,000 cubic metes of biomass annually. Its planned location is on the edge of the Košice district of Barca. Gula said that the construction plan is in keeping with the city of Košice’s area plan and the city has already issued its stance on the investment’s compliance with its development plan for the heating energy sector. Also, the Barca district has given a preliminary green light to the plan and its implementation. The investor wants to start construction this autumn and complete the project within 12 months. SITA

Cassovia Bio Energy, s.r.o., has said it plans to construct a biomass heating plant costing approximately Sk1 billion (€33.193 million) in the eastern Slovak city of Košice. Igor Gula, a representative of R GES, one of Cassovia Bio Energy's partners, said that Austrian and Slovak banks will participate in the project, the SITA newswire reported. The project is also expected to receive financing from EU structural funds. The heating plant should consume about 85,000 cubic metes of biomass annually. Its planned location is on the edge of the Košice district of Barca. Gula said that the construction plan is in keeping with the city of Košice’s area plan and the city has already issued its stance on the investment’s compliance with its development plan for the heating energy sector. Also, the Barca district has given a preliminary green light to the plan and its implementation. The investor wants to start construction this autumn and complete the project within 12 months. SITA

Compiled by Zuzana Vilikovská from press reports
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