Turawell is planning to build a geothermal power plant and greenhouse in Tura, about 50 km from Budapest. The project is expected to cost HUF 10bn, with an additional HUF 2.1bn for preparation work. The 2.7 MW power plant is expected to generate enough electricity to power 800 homes. Completion is set for 2017. KS Orka Renewables, Turawell’s majority shareholder, will oversee the construction of the power plant, which will provide thermal energy to facilities in the area. A consortium of Bauforg, Forrásker-Tész and Venlo Plus will build the greenhouse, which is expected to produce 6,300 tons of tomatoes per year, generating HUF 6 to 7bn in revenue.
