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Harach to build hydro-plants

FORMER economy minister Ľubomír Harach, who served under the previous Mikuláš Dzurinda cabinet, wants to build small hydro plants on the Hron and Vah rivers.

Harach is a head of the board of directors of the joint stock firm Hydro-Energy. The firm has prepared four pilot projects on the Hron River at an estimated cost of between Sk400 million (€9.5 milion) and Sk600 million (14.3 million), Slovak daily Pravda reported.

Harach wants to finance them through a combination of a bank loan and EU structural funds. The hydro plants should produce about 30 million KWh of electricity per year, which is approximately the annual consumption of 10,000 households.

Compiled by Martina Pisárová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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