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Wednesday, November 24, 2004
Business in Romania blog
source: InvestRomania

Japan Bank for International Cooperation (JBIC) said it would release a USD 200 million loan to Romanian power plant Turceni to finance sulphur dioxide emissions reduction project.

The 30-year loan has a 10-year grace period and 0.75% per year interest rate, Romania’s Industry Ministry said.

JBIC is financing several other projects in Romanian energy sector. Companies like Itiochu, Hitachi and Toshiba are involved in upgrading projects for Romanian power plants.

Posted by Mihai : 11/24/2004 04:48:00 pm Japan Bank to help Romanian Power Plant


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