Kauno Energija and Lietuvos Energija AB signed a Memorandum of intent in developing Construction Project of a Cogeneration power plant in Petrasiunai. Memorandum was signed considering constant growing of heating prices in Kaunas city and the work that has been done on the matter before the signing of the memorandum. The Project is going to be developed on purpose to ensure the lower price of heating for consumers in Kaunas as soon as possible.

After signing the Memorandum, AB Kauno energija and Lietuvos energija, AB are going to work on a mutually acceptable agreement of a joint development of the project and subsequent action plan.