Hungary's Budaörs, October 2025:
EXTOR Energy Project Management and Design Ltd. was awarded a €17.09 million contract for the Bakonyi Hybrid Power Plant Energy Storage Procurement Project, marking a major advancement in Hungary's goals for renewable energy and grid stability. MVM Balance Private Limited Liability Company, one of the top public organisations in the nation in charge of overseeing projects involving energy, submitted the contract, which was finalised on September 30, 2025.
Enhancing the Energy Infrastructure in Hungary
A high-capacity battery-powered Energy Storage Unit (ESU) will be designed, delivered, installed, and maintained at the Bakony Gas Turbine Power Plant in Ajka, Veszprém County, as part of the project, which is funded by the European Recovery and Resilience Facility (2021–2027).The energy storage system, which has a minimum 57,500 kVA rating and a capacity of 57,000 kWh, is intended to increase the plant's adaptability so that it can deliver vital frequency and power balancing services (aFRR and mFRR). The initiative will greatly aid Hungary's shift to cleaner, more robust power systems, with an operational efficiency of at least 87% for each charge-discharge cycle.
Duration and Scope of the Contract
A total of 132 months (11 years) are covered by the awarded contract, which has an estimated total value of HUF 14.4 billion (€17.09 million). This includes a 15.5-month installation period, followed by an 11-year warranty and preventive maintenance phase.In addition to integrating the storage unit with the plant's current control and remote monitoring systems, EXTOR Energy is responsible for the storage unit's full engineering, installation, commissioning, and testing. Additionally, the business will guarantee continuous preventive maintenance and training throughout the warranty period and carry out a 720-hour trial run.
Participants in Competitive Procurement
Six qualified bidders participated in the open EU public procurement process, which was carried out in accordance with Directive 2014/25/EU. Among the rival companies were:
Trading, Manufacturing, and Service CRESCOM Ltd.
Wasion Energy Technology Corporation Ltd. and Inflexio Hungary Management Consulting (China)
GNX Engineering Ltd.
The Vabeko Solar PV Main Contractor Ltd. and EB Hungary Invest Kft.
System Integration and Telecommunications, Ltd.
In the end, EXTOR Energy won the prize for having the best price-quality ratio; 90% of the award went to cost, with the remaining 10% going to performance factors including availability and fault recovery time.
Concerning the Winning Company
EXTOR Energy Project Management and Design Ltd. is a small Hungarian company with its headquarters in Budaörs that specialises in system integration, renewable power solutions, and energy infrastructure engineering. In the region's changing energy market, the organisation has a proven track record of designing high-voltage electrical systems and implementing hybrid systems.
The project's design and commissioning phases will be supported by subcontracting services valued at about €81,525.
Strategic Importance for the Green Transition in Hungary
With its emphasis on grid flexibility, renewable integration, and carbon reduction, the Bakonyi Hybrid Power Plant energy storage project is in line with Hungary's larger National Energy and Climate Plan (NECP) objectives. The project is expected to increase the national grid's energy sustainability and dependability by improving frequency regulation and storage capacity.This historic agreement demonstrates Hungary's dedication to EU-funded green energy modernisation as it speeds up its clean energy transition and establishes EXTOR Energy as a major participant in the growth of the renewable power infrastructure in the area.
tags:
# Hungary, #Ajka, #Veszprém, #energystorage, #hybridpowerplant, #publicprocurement #renewableenergy, #contractaward, #tenderresults, #governmentcontracts, #publishtenders, #procurementnews, #awarded tenders, # EU-funded projects, #EXTOR Energy, #MVM Balance, #batteryenergystorage, #gridmodernisation
