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Another company withdraws from controversial Plomin C coal plant in Croatia

Author: CEE Bankwatch Network, Published on: 7 October 2013

Korean company KOSEP has confirmed that it no longer intends to participate in bidding for the controversial 500 MW Plomin C coal power plant in Croatia. KOSEP is the second of the four strategic bidders shortlisted in September 2012 to pull out of the project, after Polish company POL-MOT withdrew...this year...Germany's RWE was strongly courted by the Croatian project developer HEP for this project but to no avail...Two companies are now left in the running for Plomin C: French-Italian-owned Edison and Japan's Marubeni..."The fact that only a maximum of two companies are interested in such a project confirms what we have been saying for more than a year already – that the project is harmful not only because of its health impacts, high carbon emissions, and increasing Croatia's dependence on imported coal, but also because coal plants are less and less economically viable in Europe", said Bernard Ivcic, President of Zelena akcija. The project is also threatened by a court appeal by environmental organisations Zelena akcija and Zelena Istria together with local people against the environmental permit issued in September 2012 by the Ministry of Environmental and Nature Protection. The appeal is based on the permit's incompatibility with the Istria County spatial plan...

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Related companies: Edison (Italy) HEP Marubeni RWE