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 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.
István Kapitány Announced: the Electricity Network Will Be Developed with Nearly 500 Billion Forints
According to the minister, all milestones related to the Recovery Plan's network development support program have been met.
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