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Europe Daily Bulletin No. 10109

31 March 2010
Contents Publication in full By article 27 / 31
GENERAL NEWS / (eu) eu/eib
First loan to Georgia to support improvements to electricity infrastructure

Brussels, 30/03/2010 (Agence Europe) - On Friday 26 March, the European Investment Bank (EIB) announce it was to lend €80 million to the Republic of Georgia to finance the extension and upgrading of the country's high voltage transmission network and its interconnection with the electricity grid in neighbouring Turkey.

The project covers the construction of a 246 km long 500 kV link from Gardbani, close to Tbilisi, to Zestaponi, central-western Georgia, the construction of a 700 MW...

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