Reuters reported that Italy biggest utility, Enel hopes to start its long term project to convert a major power plant to coal from fuel oil in June 2012, betting on new laws to bypass a top court decision blocking the project.
Italy top administrative court, the State Council in May cancelled government clearance for Enel EUR 2.5 billion Porto Tolle conversion project which was opposed by environmentalist groups.
An Enel spokesman said "Enel is committed with ministries and regional authorities to find a solution to start works. It is reasonable to think that it would be possible to start works in June 2012 depending on all necessary administrative procedures."
The group spokesman said Enel hopes Italy Environment and Industry Ministries would give their approval to the new regional law by March next year.
The spokesman said "Enel will is to go ahead with the EUR 2.5 billion investment into Porto Tolle."
Mr Fulvio Conti Enel Chief Executive said another boost to Enel plans could come from Italy's new austerity budget which includes a special measure permitting conversion of oil-fuelled power stations to a clean coal technology.
Enel had planned to start at the end of this year converting its 2,640 megawatt oil fuelled Porto Tolle plant on the River Po about 100 kilometres from Venice to use clean coal technology part of its drive to cut carbon emissions. (sourced from Reuters)