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North Macedonia takes loan and grant to improve electricity grid

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Skopje, 23 July 2024, dtt-net.com – North Macedonia’s electricity Transmission System Operator (MEPS) today signed a deal with the London-based European Bank for Reconstruction and Development (EBRD) for a €26.4 million loan, to enable connection of 1.2 GW of new renewable sources in southeast of the country, for a total cost project of €34.5 million, with the rest of the money to be received in form of grants from the EU and its partner financial institutions.

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