Bank Of Baku

Caspian-Black Sea-European Green Energy Corridor's technical and economic justification under preparation

Caspian-Black Sea-European Green Energy Corridor
# 07 April 2025 13:06 (UTC +04:00)

"The technical and economic justification for the Caspian-Black Sea-European Green Energy Corridor will be ready in the third quarter of this year," Karoly Matrai, the head of Hungary's MVM company, said at the "Innovative Pathways to a Greener Future: Renewable Energy and Emission Reduction" event held at ADA University, APA Economics reports.

According to him, the document is being prepared by the "CESI" company. The implementation of the project may require two billion euros.

Karoly Matrai also mentioned that the construction work within the framework of the project could take 3-5 years.

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED