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    Hungary to Upgrade Power Network with EIB Assistance

    By Ma. Rizza Leonzon // 04 May 2010

    The European Investment Bank is lending 150 million euros (USD197 million) to increase the capacity and extend a high-voltage transmission network in Hungary. The loan will co-finance the rehabilitation of the Martonvasar-Bicske-Gyor transmission corridor to interlink Budapest and the north-west part of the country. The project likewise aims to construct or expand six substations located in various sites in Hungary.

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    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Ma. Rizza Leonzon

      Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.

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