Tag: financing

World Bank almost completed TANAP financing – Turkey, 13 January 2018

The World Bank (WB) said in the statement that it has already allocated 667.27 million dollars or 83.4 % of the loan intended for the Trans-Anatolian (TANAP) gas pipeline project. WB said that TANAP project will not only boost competitiveness and create new economic opportunities for Azerbaijani and Turkish people, but will also support regional […]

Ministry of Energy authorized NIP funds for EC Oltenia – Romania, 14 December 2017

Romanian Ministry of Energy has authorized the first payment through the National Investment Plan (NIP) for state-owned electricity producer Energy Complex Oltenia. The payment in the amount of 1.34 million euros, would would be the first reimbursement application through NIP since its establishment in 2013, will be paid to the Oltenia Energy Complex as a […]

Romgaz to receive 69 million euros for TPP Iernut from NIP – Romania, 12 December 2017

Romanian state-owned natural gas producer Romgaz will receive 69.2 million euros from the state in order to finance the construction of its gas-fired thermal power plant Iernut. The company has signed an agreement with the Ministry of Energy for this non-reimbursable financing, which will be granted through the National Investment Plan (NIP). In June, Romgaz […]