Tag: funding

Lithuania’s power grid project gets €10.8M in EU money

Lithuania, Vilnius: Lithuania has been allocated some €10.8 million ($12.6 million) in EU funding for the optimization of its transmission grid in north-east, a project important for the synchronization of the Baltic power grids with the Continental European network, reports The Baltic Times.

Moldova-Romania interconnection link receives $320M funding

The European Union (EU), the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD) and the World Bank have jointly provided €270 million ($320 million) of finance the construction of the Moldova-Romania electrical interconnection link.

$57M approved for 21 new substations in Ghaziabad

India, Uttar Pradesh: The Central government has approved $57 million funding for the proposed electrification projects in the city of Ghaziabad aiming to increase power supply in the coming years.