t
On 18 November 2025, Enefit Industry, a subsidiary of Eesti Energia, signed a €100 million turnkey contract with Baran International Ltd and Baran Group Ltd. This contract is for the construction of a 100 MW combined heat and power plant capable of supplying up to 100 MW of electricity and 85 MW of heat, and using up to 25% hydrogen in its fuel mix.
| Date | 18 Nov 2025 |
| Time | 12:31:14 |
| Category | Acquisitions and alliances |
| ID | 0267I |
Baran International Ltd and Baran Group Ltd joint bid wins Enefit Industry's gas-fired power plant construction tender
Today, 18 November 2025, Enefit Industry (subsidiary of Eesti Energia) signed a turnkey contract with Baran International Ltd and Baran Group Ltd for the construction of a 100 MW combined heat and power plant with hydrogen capability. The contract value is €100 million.
The new combined gas-fired power plant, to be built near Narva, will supply up to 100 MW of electricity to the grid and 85 MW of heat to the Narva district heating network. The plant will primarily operate on natural gas or biomethane and will be capable of using up to 25% hydrogen as part of its fuel mix.
The next step will be the design phase of the power plant. Construction is expected to start in the autumn of next year, and the plant is scheduled to be completed in 2028. The project is planned to be developed in response to the frequency reserve tender announced by Elering.
Danel Freiberg
Head of Treasury and Financial Risk Management
Eesti Energia AS
Lelle 22, 11318 Tallinn
Phone: +372 5594 3838
Email: [email protected]