site.btaCouncil of Ministers Adopts Amendment to 2025 Government Investment Loans, Guarantees

At its meeting on Wednesday, the Council of Ministers decided that in addition to already approved state guarantees under new loan agreements with Bulgartransgaz EAD in the amount of up to BGN 625 million for the financing of an investment project for the expansion of the gas transmission infrastructure of Bulgartransgaz in line with the Vertical Corridor initiative of the gas transmission operators in Bulgaria, Greece, Romania, Hungary, Slovakia, Ukraine and Moldova, the 2025 State Budget Bill will include the possibility of issuing state guarantees under new loan agreements with the National Electric Company EAD for financing an investment project on the modernization and rehabilitation of Chaira Hydro Power Plant in the amount of up to BGN 155 million.