OREANDA-NEWS. March 15, 2010. The Estonian state owned energy group Eesti Energia is about to sign an agreement with the French industrial group CNIM on building a waste incineration unit at the Iru cogeneration plant just outside Tallinn.

The agreement will be signed by CEO Sandor Liive and cogeneration manager Raine Pajo on Eesti Energia's behalf and by member of the management board Stefano Costa and sales chief for northern Europe Jean-Francois Brua on behalf of Constructions Industrielles De La Mediterranee (CNIM).

The CNIM delegation will be led by the company's owner and chairman of the supervisory board Vsevolod Dmitrieff and the ceremony will be attended by the French Ambassador to Estonia.

The 1.5 billion kroon (EUR 96 mln) plant would burn annually up to 220,000 tons of waste created in Estonia. According to reports published earlier it is due to start operation in 2012.

The plant will have an output capacity of 50 megawatts of thermal energy and 17 megawatts of electricity. It will complement the existing capacity of the Iru plant, which is 648 megawatts of heat and 190 megawatts of electricity.