Parliament ratified new loan agreement between Moldova, EBRD

13:04 | 14.04.2022 Category: Economic

Chisinau, April 14 / MOLDPRES /- Parliament ratified today the loan agreement between the Republic of Moldova and the European Bank for Reconstruction and Development (EBRD) for the rehabilitation of the North Central Heating Power Plant (CET-Nord) in Balti.

The value of the loan is 15 million euros, of which 9.5 million euros for the realization of the investment component and 5.5 million euros for the refinancing of the historical debt. The period of action of the agreement is 15 years and includes a grace period of three years.

The priority components of the project are: supply and installation of individual heating points; implementation of the horizontal distribution system of the thermal agent and hot water inside the residential blocks; construction of a heat storage tank; modernization of water treatment plants. The project will be carried out for three years.

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