Turkey's MB Holding to build 16.5 MW geothermal power plant in Croatia

Turkish company MB Holding has been awarded a contract to build a geothermal power plant with a capacity of 16.5 MW in Croatia, Italian turbogenerators manufacturer Turboden said on Tuesday.

After winning a bid in January, MB Holding holds a permit to build Croatia’s first geothermal plant, which will feature a single axial multi-stage Organic Rankine Cycle turbine designed by Turboden, a group company of Mitsubishi Heavy Industries, it said in a statement.

“We have selected Turboden among the possible suppliers because they will provide 10% higher revenues by means of optimized solution for our project, together with the reliability of the brand,” MB Holding chairman Muharrem Balat said.

The Velika Ciglena plant will be completed and fully functional by the end of 2016.

In May, the Croatian municipality of Bjelovar, where the Velika Ciglena geothermal field is located, said that the first phase of the power station project is worth 30 million kuna ($4.3 million/3.96 million euro).

Turboden has more than 300 plants in 33 countries.

(1 euro=7.5804 Croatian kuna)

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