Construction has reportedly begun on the Tiszaújváros combined cycle gas turbine (CCGT) power plant being developed by Hungary’s MVM Tisza Erőmű.
The project is reportedly being built by a consortium of Ansaldo Energia and Çalık Enerji, part of Çalık Holding, under an EPC (Engineering, Procurement and Construction) contract, with a capacity of approximately 1,000MW across two units. A groundbreaking ceremony was reportedly held in March 2026, with Unit 1 targeted to start operations in September 2029 and Unit 2 in February 2030.
The plant has a generation capacity of approximately 1,000MW across two units, with an investment of approximately €1.5 billion (HUF 600 billion), it is reported. The project is reported to be MVM’s largest investment in its history.
The project is viewed as part of Hungary’s strategy to improve power supply stability by replacing aging thermal power facilities with combined cycle gas turbines, it is reported.
The advancement of large-scale new CCGT construction in Central and Eastern Europe is seen as a case illustrating continued demand for generation fleet renewal across the European power grid.