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EVN to Invest BGN 132 M in Bulgaria in 2009
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The Austrian-owned electricity provider EVN announced Monday it intended to invest a total of BGN 132,2 in Bulgaria in 2009.
Almost 70% of these will be invested in the existing electricity network. BGN 44,2 M will be spent for improving the voltage and safety of the electricity supply, BGN 34,5 M will go for improving the quality of the electricity distribution network, and BGN 12 M will be spent for reducing the technological losses.
Of the remaining sum, BGN 31,8 M will be spent to attract new clients, and BGN 9,7 M will go for the preparation for the liberalization of the market.
EVN is the electricity provider for southeast and south-central Bulgaria.
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