EC tops up grant for modernizing Bucharest district heating system to EUR 270 mln
<p>The European Commission (EC) has approved a EUR 16 million increase in state aid for the rehabilitation of the district heating system of Bucharest, according to a press release from the Romanian Competition Council quoted by <a href="https://www.economica.net/comisia-europeana-a-acceptat-cresterea-ajutorului-de-stat-pentru-reabilitarea-termoficarii-din-bucuresti-si-prelungirea-termenului-in-care-se-pot-cheltui-banii_828297.html?mc_cid=2aa8fd65ed&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Economica.net</a>.</p>

<p>At the same time, the Commission extended the period for granting state aid until December 31, 2027.</p>

<p>In 2021, the Commission authorized a EUR 254 million grant financed from European structural funds for the modernization of the district heating system in the Bucharest urban area.&nbsp;</p>

<p>Last week, this amount was supplemented, reaching a total of EUR 270 million, with additional funding being provided through the Sustainable Development Program 2021–2027.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: Inquam Photos/George Calin)</em></p>