Under the project particularly consistent private investments totalling nearly 2.5 billion Euros will be allocated.
The conversion project, which will be completed after almost 6 years, will daily employ an average of 1500 - with peaks of 3000 -workers during the construction stage, , and local businesses will be greatly involved.
Local businesses currently form 11 consortiums involving almost 90 companies, submitted to pre-qualification for compliance with different activities, with nearly 160 orders issued.
When it will be completed the power station will require nearly 700 workers, of whom 350 will run the facility.Thus the current employment rate will greatly increase ( 150 workers are employed today) and the local business community will be involved.
The construction of the plant observes the Protocol of Agreement signed in March 2010 by Enel and the Region of Veneto and ratified by the Province of Rovigo and the Municipality of Porto Tolle. The agreement includes a number of major economic measures and structural actions benefiting the area around the plant, both during the construction stage and when it will be online, worth about 100 million Euros.
The Protocol also includes the establishment of an Environmental Observatory, which will include the minister for the Environment, the Region, the Municipality and other local institutions. The latter shall constantly monitor the conditions of the environment and the emissions released by the power station, as a further guarantee for the area surrounding the power station. The funds required to establish (1 million Euros) and run the Observatory (1 million euro/year) will be provided by Enel.
Moreover, Enel will develop:
In short, the oil-to-coal conversion of the Porto Tolle power plant will: