Renewable-energy firm Helius Energy said yesterday the construction of the biomass energy plant it is building at Rothes, Moray, was on time and within budget.
It is expected that the facility will enter into commercial operation in the first half of next year.
Work on the plant, which will use byproducts from distilleries to generate electricity, produce animal feed and cut carbon emissions, started in May last year.
The £60.5million project, a joint-venture with the Combination of Rothes Distillers group, has created 100 construction jobs and is expected to lead to 20 full-time posts when the plant is up and running.
It will generate an estimated 7.2 megawatts of power, enough to heat and light 9,000 homes, most of which will be go on to the National Grid.
The update from Helius yesterday came as the firm announced a narrowing of first half pre-tax losses, to £644,000 in the six months to March 31. Losses a year ago were £956,000.