National Lignite Company to invest 37 million euros in upgrading
Thursday, December 17, 2009
The National Lignite Company will carry out two projects to upgrade its facilities and power grid and installations which total value is estimated at 37 million euros, the Economy Ministry reports.The first project will aim to modernise the high capacity facilities of the company's mines at Rosiuta, Pesteana and Rosia. This is an investment valued at 35 million euros, 9 million of which will be self-financing and the remaining raised in an external loan.To upgrade the Rosiuta mine, ...