Conclusion of an annex to the significant agreement with PH-U Energokrak Sp. z o.o. with registered office in Krakow
Thursday, 2012-08-02
The Company hereby announces that on 1 August 2012 it concluded an annex to the Long-Term Agreement on the sale of power coal 19 July 2011 with Przedsiębiorstwo Handlowo – Usługowe Energokrak Sp. z o.o., which entirely changes the contents of the said Agreement. The Agreement was described in Current Report No. 21/2011 of 19 July 2011.
As a result of the Annex conclusion, the coal supplies may be made to the Customers from the EDF Group. Moreover, the quantitative volumes of deliveries to the Customer will be increased.
As a result of the Annex conclusion, the Agreement is in effect from 19 July 2011 until 31 December 2015. The Parties have also agreed that it will be possible to renew the Agreement for successive years.
As a result of the Annex conclusion, the value of the Agreement increases (without regard to possible increases, deviations and tolerance) from PLN 393,000,000 net to an estimated amount of PLN 621,000,000 net according to current prices.
More information is available here.
As a result of the Annex conclusion, the coal supplies may be made to the Customers from the EDF Group. Moreover, the quantitative volumes of deliveries to the Customer will be increased.
As a result of the Annex conclusion, the Agreement is in effect from 19 July 2011 until 31 December 2015. The Parties have also agreed that it will be possible to renew the Agreement for successive years.
As a result of the Annex conclusion, the value of the Agreement increases (without regard to possible increases, deviations and tolerance) from PLN 393,000,000 net to an estimated amount of PLN 621,000,000 net according to current prices.
More information is available here.