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16. August 2002 |
$5 million World Bank loan for Montenegrin power company
BELGRADE – The World Bank has approved a $5 million loan to the Montenegrin power company, the Bank’s Belgrade office announced today.
“The loan will help the Montenegrin Power Company reduce losses in energy distribution and improve the financial management of the company,” said World Bank project leader Dejan Ostojic.
The project includes new technology to measure consumption, increase supply efficiency and improve customer service. (Beta)
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