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EVN puts Bulgarian hydro project on hold

May 3, 2017

EVN AG announced it is putting the planned 175 MW cascade hydro power plant Gorna Arda on-hold. EVN and NEK own a joint-company with 70/30 stakes, having signed an Agreement in mid 2010. EVN's announcement followed Turkish construction group Ceylan's departure from the project.

 

Source: Novinite

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