May 28 (SeeNews) - France's Suez and Japan's Itochu plan to start the construction of a waste-to-energy facility in Serbia's capital Belgrade in the spring of 2019, a city government official said on Monday.
A modification of the Belgrade regulation plan will be adopted by October and the city government will issue a building permit for the facility by the end of this year, Belgrade city manager Goran Vesic said in a video file posted on the website of news agency Tanjug.
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"The project costs exactly 333 million euro ($387.6 million)," Vesic added.
In October 2017, Suez said it signed an agreement to invest 300 million euro in the construction of a waste-to-energy facility in Belgrade in consortium with Environment Investments Limited, a subsidiary of Japan's Itochu.
The waste-to-energy facility will be built by a 50/50 joint-venture of Suez and Itochu and will have an installed power production capacity of 25 MW and heat production capacity of 56 MW, processing 340,000 tonnes of waste annually.
The project will allow the Belgrade city government to close and remediate the Vinca landfill, Suez said back in October.
($ = 0.859072 euro)