VIP Armenia Community - View Single Post - EIB Lends 10 Million Euros to Construct High Voltage Connection Between Armenia and Georgia

VIP Forums Group · 17 Mar 15, 15:04

The European Investment Bank (EIB) is lending EUR 10 million to finance the construction of an electricity transmission line and a high voltage direct current station to develop a link between Armenia and Georgia. The new electricity infrastructure will deepen regional integration by facilitating energy trade between the two countries and provide Armenia and Georgia with better access to European electricity markets.

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17 Mar 15, 15:04	#1 (permalink)
VIP Forums Group Top VIP VIP Ultra Club Join Date: Jan 1970 Posts: 12,055 Rep Power: 67	EIB Lends 10 Million Euros to Construct High Voltage Connection Between Armenia and Georgia The European Investment Bank (EIB) is lending EUR 10 million to finance the construction of an electricity transmission line and a high voltage direct current station to develop a link between Armenia and Georgia. The new electricity infrastructure will deepen regional integration by facilitating energy trade between the two countries and provide Armenia and Georgia with better access to European electricity markets. More...