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INA Group signs contract for the construction of two solar power plants

Croatian multinational oil company INA Group has signed a contract with Končar – Power Plant and Electric Traction Engineering as the main contractor for the construction of the solar power plants of Virje and Sisak.

The first one, in Virje, will be built as part of INA’s gas processing facility Molve and it is going to be the largest solar power plant under construction in Croatia; the second one, in Sisak will be located on INA’s industrial premises in order to transform the former refinery into a modern industrial centre.

Overall, the power plants will produce 16,000 megawatt-hours (MWh) of electricity per year, which is the average consumption of 4,800 households.

“These projects are another step in the process of transforming INA into an energy company and are in line with our development guidelines,” said Sándor Fasimon, President of the Management Board of INA, at the signing of the contract. “ Our goal is to upgrade the existing value chain and these solar power plants are the beginning of creating a sustainable portfolio in the production of electricity from renewable sources. In addition, INA will contribute to the country’s security of supply, as well as meeting the climate goals as an EU Member.”

The construction works are expected to begin in the spring of 2022 and the electricity produced will be integrated into the national distribution network no later than 2023.

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