The Government Is Spending Nearly 500 Billion From EU Funds on Developing the Electricity Grid
12 Articles
12 Articles
Smart meters will be installed with nearly 500 billion forints, under the European Union's Recovery and Resilience Facility (RRF).
István Kapitány wrote that the government transferred the entire support budget to the Hungarian Development Bank.
The first tranche of money will go to electricity grid development and a smart meter installation program. Mészáros' company was left out.
The development of the Hungarian energy network has reached another milestone, after the Hungarian Development Bank (MFB) signed all five support contracts with MAVIR, E.ON and MVM for the electricity network development and smart meter installation programs implemented under the European Union's Recovery and Resilience Facility (RRF). The government has already transferred the entire support budget of nearly 500 billion forints to the developme…
The government has already transferred the entire support budget to the Hungarian Development Bank, so the development of the network can begin.
The Minister of Economy and Energy announced on Saturday that the Hungarian Development Bank had signed all five support contracts with the companies concerned.
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