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Lithuania to Start New Gas Turbine Unit at Month-End, BNS Says

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Oct. 11 (Bloomberg) -- Lietuvos Energija AB will start operating a new 455-megawatt combined cycle gas turbine at the Lietuvos Elektrine power plant at the end of October, the Baltic News Service reported, citing Lithuania’s state-owned power company.

The unit, built by Iberdrola SA of Spain and Lithuanian partners at a cost of more than 1 billion litai ($373 million), will operate intermittently and at low capacity until summer, when demand is expected to rise, the newswire said, citing the company.

The turbine can supply as much as a quarter of Lithuania’s electricity needs, BNS said, without citing a source.

To contact the reporter on this story: Bryan Bradley in Vilnius at bbradley13@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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