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2009-08-31 12:08:35 CEST 2009-08-31 12:09:35 CEST REGULATED INFORMATION Grigiskes AB - Notification on material eventThe agreement on budgeting financial support to AB “Grigiškės” project is signedOn the 31st of August 2009 AB “Grigiškės“, ministry of economy of the Republic of Lithuania and Lithuanian Business support Agency has signed the agreement on budgeting the financial support to the project „The modernisation of the heat sector through the greater use of renewable energy resources“. The aims of the project are to increase competitiveness of production and the usage of waste of the manufacturing process for the production of energy. During the implementation of the Project the new steam-boiler with the heating power of 15-18 MW using bio fuel is intended to be installed. The heat produced by the new steam-boiler will replace the heat produced by the existing natural gas steam-boilers. It is planned that the new bio fuel steam-boiler will produce about 55 percent of heat (in the form of steam) needed for the technological processes in the company. The total value of the Project is 19.1 million Lt, of which 9.4 million Lt is the support of European Structural Funds and the budget of the Republic of Lithuania. Gintautas Pangonis General Director (+370-5) 243 58 01 |
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