No. 197/2016  |  19-07-2016

Conclusion of annex to the agreement for building power plant in Wloclawek

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN") hereby informs that it concluded with the consortium of companies (General Electric International Inc. acting via General Electric International S.A., office in Poland and SNC-LAVALIN POLSKA sp. z o.o.) an annex (“Annex”) to the agreement for building power plant in Wloclawek (“Power plant”). The Annex defines further steps related to defects detected during commissioning. In connection with the conclusion of the Annex till the mid-September 2016 the Power plant will be in hot commissioning, during which electricity and technological steam will be generated and sold to the customers. In the following months a shutdown is scheduled to conduct the repairs, repeated guarantee measurements and trial run, after which the Power plant will be commissioned by the consortium of companies to PKN ORLEN. Start of commercial operation of the Power plant is expected for the first quarter 2017.

See also: regulatory announcement no 241/2012 dated 30 November 2012, regulatory announcement no 249/2012 dated 4 December 2012, regulatory announcement no 129/2015 dated 16 September 2015 and regulatory announcement no 181/2016 dated 30 June 2016.