Poland's PGE signs deals for construction of two gas-fired power plants

PGE Polska Grupa Energetyczna SA

04/03/2026 12:53

WARSAW, Poland, March 4 (Reuters) - Poland's state-controlled power utility PGE PGE.WA signed on Wednesday deals with a consortium of Polimex Mostostal PXMP.WA and Siemens Energy ENR1n.DE to build two 600-megawatt gas generators set to replace coal-fired units.

The gas-fired power units will be built at PGE's sites in Rybnik in southern Poland and Gryfino in northwestern part of the country, as Poland's top utility gradually reduces its coal-fueled fleet.

The Rybnik contract is worth 1.17 billion zlotys ($319.2 million) and 269.5 million euros ($313.9 million).

The Gryfino contract is valued at 1.18 billion zlotys and 260.1 million euros.

Commissioning by January 16, 2030 for Rybnik; by March 27, 2030 for Gryfino.

12-year service agreements each valued at 132 million euros in fixed fees and up to 20 million zlotys in compensations.

Investment backed by 15-year deals to provide electricity at times when renewable generation is low.

While coal still dominates Poland's electricity generation mix, its share is rapidly falling.

PGE is already building a 882-MW gas unit in Rybnik, to be commissioned in 2027.

In Gryfino, a 1366-MW gas-fired plant replaced coal units in 2024.

($1 = 3.6657 zlotys)

($1 = 0.8587 euros)

(Reporting by Marek Strzelecki and Rafal Nowak, editing by Milla Nissi-Prussak)

((Marek.Strzelecki@thomsonreuters.com;))