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Commenting article: Bulgaria's Rila Monastery Builds Hydro Power Plant with EU Money

One of Bulgaria’s most popular monasteries, the Rila Monastery, is going to construct a small hydro power plant in order to get a new reliable electricity supply.

The entire cost of the project – a EUR 2,9 M grant – is provided by the “Kozloduy International Fund”, and will be administered by the European Bank for Reconstruction and Development.

The new hydro power plant with have a total production capacity of 1,24 MW; the energy which will not be consumed by the Rila Monastery will be sold, and the funds will be used for renovating its building and improving the monastery infrastructure.

FIGMENT - 10 Dec 2009 // 21:26:26

Make it happen. Huge.

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