Hungary’s MVM Ovit Plans $13 Million Bio Mass Plant in Bosnia
MVM Ovit Zrt, a unit of Hungary’s state-owned power company Magyar Villamos Muvek Zrt., plans to build a heating plant in northwestern Bosnia-Herzegovina, local authorities said.
The biomass-fueled plant in Bosanska Krupa, whose construction may begin in 2014, would cost about 10 million euros ($13 million) and provide heat for the whole municipality of more than 50,000 people, the local government said on its website, following a visit by MVM officials.
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