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Fortum cancels plans for new power plant in Inkoo, Finland


Published : Mon, 30 Apr 2007 12:36
By : Agencies
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HELSINKI (Thomson Financial) - Utility group Fortum said it has decided to cancel its investment plans in a new power plant in Inkoo, Finland as the cooperation between the partners did not develop as planned.

Last December, Fortum unveiled its plans for a new gas 250-300 MW turbine power plant on the site of its existing coal power plant in Inkoo, but gave no financial details.

azer.sawiris@thomson.com

afs/cmr

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