Conclusion of an Annex to the Significant Agreement with ENERGA Elektrownie Ostrołęka S.A.
Wednesday, 2011-12-28
On 28 December 2011 the Company signed Annex No. 2 to Long-Term Agreement on the Sale of Power Coal No. 1456/W/2010 with ENERGA Elektrownie Ostrołęka with registered office in Ostrołęka, as announced in Current Report No. 43/2010 of 14 December 2010.
The Annex provides for shifting a portion of coal supplies to Elektrownia Ostrołęka’s units from 2011 to 2012 and sets new sale prices of power coal in 2012.
In view of the above:
The Annex provides for shifting a portion of coal supplies to Elektrownia Ostrołęka’s units from 2011 to 2012 and sets new sale prices of power coal in 2012.
In view of the above:
- the aggregate value of supplies in 2012 shall amount to approx. PLN 217 million;
- the value of the entire Agreement effective from 1 January 2011 to 31 December 2015 has been changed and shall amount to approx. PLN 871 million, i.e. by approx. 9.0% more than the value specified in Current Report No. 43/2010.
