Baltic states, Poland sign EUR 720 mln grant agreement for Baltic synchronization project

  • 2020-12-14
  • BNS/TBT Staff
TALLINN – The European Union's Innovation and Networks Executive Agency (INEA) on Monday signed a 720 million euro grant agreement with the electricity transmission system operators of Estonia, Latvia, Lithuania and Poland for the Baltic synchronization project. This represents the largest amount of funding ever attributed from the Connecting Europe Facility Energy (CEF-E). The project aims to better integrate electricity grids of the Baltic states with the ones of the rest of continental Europe and ensure their energy independence from third countries, the Euro...
 
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