Financing wind in Montenegro,...

The landscape of renewable finance in Southeast Europe has undergone a profound transformation....

How Southeast Europe’s grid...

Wind development in Southeast Europe is accelerating at a pace unimaginable only a...

Serbia–Romania–Croatia: The new triangular...

For years, the Iberian Peninsula defined what a wind powerhouse looked like inside...

The bankability gap in...

The transformation of Southeast Europe into a credible wind-investment region has been rapid,...
Supported byClarion Energy
HomeSEE Energy NewsHungary moves ahead...

Hungary moves ahead with construction of Tiszaujvaros gas power plant

Hungary has taken a significant step in modernizing its energy infrastructure with the signing of a contract to build a new combined cycle gas turbine (CCGT) power plant at the Tiszaujvaros site, part of MVM Group’s Tisza power plant complex. The project, awarded to a consortium consisting of Italy’s Ansaldo Energia and Turkey’s Calik Holding, marks a key milestone in the country’s shift from coal to cleaner and more flexible energy sources.

The contract encompasses the full-scale design, procurement, and construction of what is expected to become Hungary’s most efficient large-capacity power facility. The two-unit plant will have an installed capacity of 1,000 MW and is projected to generate approximately 7,500 GWh of electricity per year. The consortium will also provide long-term maintenance services for the gas turbines.

Energy Minister Csaba Lantos emphasized the plant’s strategic importance, citing its role in enhancing supply security and supporting the integration of renewable energy into the national grid. MVM Group CEO Karoly Matrai described the Tiszaujvaros project as a transformative development for eastern Hungary, noting that it will replace an outdated coal-fired unit and offer adaptable, high-efficiency production.

This project follows a similar February agreement for a 650 MW CCGT unit at the Matra power plant, reflecting Hungary’s broader push to modernize its power generation mix and reduce emissions while ensuring grid stability.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Financing wind in Montenegro, Serbia, Croatia and Romania — why international lenders are returning to Southeast Europe

The landscape of renewable finance in Southeast Europe has undergone a profound transformation. A decade ago, lenders viewed the region with a degree of caution, shaped by fluctuating regulatory frameworks, limited track records, and the perceived fragility of local...

How Southeast Europe’s grid bottlenecks will reshape project valuation, offtake strategy and EPC designs by 2030

Wind development in Southeast Europe is accelerating at a pace unimaginable only a decade ago, yet the region’s grid infrastructure is straining under the weight of its own renewable ambition. Serbia is preparing for multi-gigawatt expansion, Romania is restarting...

Serbia–Romania–Croatia: The new triangular wind corridor — is Southeast Europe becoming Europe’s next Iberia?

For years, the Iberian Peninsula defined what a wind powerhouse looked like inside Europe: strong resource, open land, grid-ready corridors, competitive auctions, and the steady inflow of international capital. Investors seeking scale, yield, and policy clarity migrated naturally towards...
Supported byVirtu Energy
error: Content is protected !!