MACEDONIA LINK
December 1st, 2003
BY KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development (EBRD) is helping to fund the construction of a 150 kilometre 400 kV transmission power line that will link the electricity grids of neighbouring Balkan countries Bulgaria and Macedonia. Although 80 kilometres of the electricity cables will be in Bulgaria, the bank's Euro 40.5 million loan will be paid to Elektrostopanstvo na Makedonija (ESM), Macedonia's state-owned power utility; Bulgarian electricity provider Natsionalna Elektricheska Kompanija would meet its share of the project's costs by ...
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