SIA Graanul Invest has concluded an agreement with the Central Finance and Contracting Agency of Latvia and the Ministry of Economics of the Republic of Latvia on the realization of the project "Rebuilding wood pellet production lines in SIA Graanul Invest".

Biofuel

Graanul Invest to rebuild wood pellet production lines in Latvia

SIA Graanul Invest has concluded an agreement with the Central Finance and Contracting Agency of Latvia and the Ministry of Economics of the Republic of Latvia on the realization of the project "Rebuilding wood pellet production lines in SIA Graanul Invest".

The aim of the project is to rebuild existing wood pellet production lines to reduce energy consumption in the production process and ensure production capacity increase.

Result of the project will be reduction of energy consumption in the production process and increase of production capacity, consumption of electricity will be reduced by 20.08% per ton of pellets and the total energy savings of 4 559 MWh per year.

Graanul Invest is a privately owned company, established in 2003, and operates in the fields of forestry, development of bioenergy and production of renewable energy.