An overhaul of the Gabčíkovo Waterworks on the Danube will require an estimated Sk4 billion (€132.8 million), Environment Minister Ján Chrbet said during his visit to the waterworks on September 4. "We've yet to find the resources for it, as we want to prevent a situation when both lift locks aren't functioning," Chrbet said.
According to Finance Ministry spokesman Miroslav Šmál, speaking to the TASR newswire, the financial injection for the overhaul will be discussed at the government's and parliamentary sessions. Although feeding the Slovenské Elektrárne grid, the waterworks were excluded from the overall privatisation that saw Italian firm Enel become the majority shareholder and are under a lease-hold arrangement.
The agreement on system of waterworks Gabčíkovo-Nagymaros's construction and operation was signed between Czechoslovakia and Hungary on September 16, 1977.
The aim of the dam construction has been to eliminate regular floods and to provide electricity. The waterworks also serves as a part of Rhine-Main-Danube waterway that goes from the North Sea to the Black Sea. TASR
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
5. Sep 2008 at 8:00