The coal-fired thermal power plant Stanari, operated by the EFT Group, recorded a net profit of 19.7 million euros in 2024. The plant generated revenues of 116.4 million euros, down from 140 million euros in 2023. This decline in income significantly affected profitability, as net profit fell from 42 million euros the previous year. Despite the drop, the company maintained a strong profit margin and financial stability.
Employment at the plant increased, with 1,136 workers in 2024, up by 111 compared to 2023. In addition to TPP Stanari, EFT Group operates a solar power plant in Bileca, which became operational in mid-2023. In its first year, the Bileca plant generated around 2.5 million euros in revenue and posted a profit of approximately 850,000 euros.
