The Ministry of Economy has granted a Turkish company a permit to extract geothermal water at the Legrad-1 exploitation field, moving the construction of a geothermal power plant closer to reality. This project is expected to provide a significant boost to the budget of the municipality of Legrad.
According to Legrad Mayor Ivan Sabolić, Tera Energy Generation Company, a subsidiary of the Turkish firm Soyak, will develop a geothermal power plant with an installed capacity of over 80 MW. The project will be carried out in two phases.
The concessionaire is expected to submit an application for approval to connect to the electricity grid soon, with a technical solution optimization report due in May. Within the next year, all necessary documentation for drilling and construction is expected to be completed.
Mayor Sabolić anticipates that construction will begin in the spring of 2026, with electricity production set to start in early 2028.
