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First private electricity power station in the works

15/09/2019
Energy
First private electricity power station in the works

Main infrastructure is expected to start soon. The power station will have a capacity of 230 MW, generated through combined cycle technology. It is expected to be able to produce electricity, equal to 17.5% of the country's existing energy capabilities.

Power Energy Cyprus (PEC) with consideration to the increasing energy consumption demand and to the planned electricity market liberalization, has acquired all the necessary permits and begun construction of a state-of-the-art Combined Cycle Power Plant in Mari Area.

The Power Station is anticipated to be in full operation by March 2021 and is projected to be in line with the arrival of LNG on the island. It is an estimated investment of 200 million euros.

Mari Power plant will use the latest technology in power generation. It will be a gas fired combined cycle power plant but will also be operated with diesel if necessary.