HYDRO/STATKRAFT TO BUILD GAS-FIRED POWER PLANT AT KARSTO.

Statkraft SF and Norsk Hydro ASA, Oslo,Norway, the owners of Naturkraft AS, have agreed to proceed and realize their plans to build a gas-fired power plant at Karsto.

The intended plant will be based on the best available technology with regard to the environment, safety and efficiency. The new gas-fired plant will be the most modern and environmentally-friendly in Europe.

Karsto is a very suitable location for a profitable, Norwegian gas-fired power plant. The plan is to construct a plant with a production capacity of roughly 400 MW, which at full capacity utilization will ...