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Signing of the largest contract in the history of EKOL

At the beginning of August, EKOL signed the largest contract in its history over the last 27 years with volume over 750 million CZK. Our customer is the Kernel concern, one of the largest manufacturers of oilseeds (sunflowers, rape, soy) in Southeast Europe.

In 2017 Kernel sent inquiry of boilers for 5 upcoming projects – Poltava, Bandurka, Černomorsk, Pridněprovskij and Volčansk to EKOL. Boilers were also inquired by other producers and 14 boilers passed the tender. By the end of 2017 Kernel set up and announced tender for 14 turbines, which were inquired in EKOL and other producers. The tender was closed in January 2018. EKOL, as a supplier or boilers and turbines, gained an advantage and was invited for meeting in Kiev. Then management of Kernel visited EKOL, production plant EKOL energo and EKOL’s references in Czech Republic. The visit was followed by meeting with management of EKOL.

After repeated negotiations and clarifications the tender was evaluated and EKOL received LoI from Kernel in May 2018 to supply the technological equipment of 6 biomass boilers for Kernel’s waste incineration (sunflower husk) and 3 condensing turbines with extraction for power plants Bandurka, Pridněprovskij and Volčansk. The goal of the project is the utilization of waste from production, securing of plant with process steam and electric power and sale of surplus generated electric power according to the green tariff in Ukraine.

Parameters of boilers and turbines for individual projects are based on the amount of fuel (waste from oil process). Parameters of boilers are 35 – 105 t/h of steam, 67bar and 485°C. Power output of steam turbines is 12 – 24 MW. Projects will be executed by the end of 2019 (Bandurka) and 2020 (Pridněprovskij and Volčansk).