CEZ Can Operate Pocerady Without Czech Coal Supplies, E15 Says

CEZ AS (CEZ), the largest Czech producer of electricity, can operate its Pocerady power plant without supplies from Czech Coal AS if the two companies won’t agree on the price of coal supply by the end of the year, E15 reported citing CEZ board member Vladimir Hlavinka.

CEZ can use coal from its own mines located further away from the plant and run only 3 out of Pocerady’s 5 200 megawatt units, the newspaper said, citing Hlavinka.

To contact the reporter on this story: Ladka Bauerova in Prague at lbauerova@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net