EBRD cancels €65 million loan HPP Boškov Most


After allocating funds in 2011, over five years no satisfactory progress was made on the 70 MW hydro project Boškov Most and European Bank for Reconstruction and Development (EBRD) decided to cancel its planned €65 million loan to Macedonian utility ELEM. The project, located near the village of Tresonče, would have included a dam and a reservoir..

Source: Hydro World

#hydro #Macedonia #ELEM

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