The European Commission (EC) said it has approved an investment of over 77 million euro ($83.2 million) which will support the construction of a combined heat and power (CHP) plant in Bulgaria's capital Sofia.
This will be a high-efficient plant for simultaneous production of heat and electricity, using fuel derived from unrecyclable municipal waste, the Commission said in a statement last week.
The investment, provided from the European Regional Development Fund, aims to upgrade the integrated waste management system in the city of Sofia.
According to EC's estimates, when constructed, the plant will produce heat and electricity with a capacity of approximately 55 MW of heat and 19 MW of electricity.
This means heat for 40,000 people and electricity for 30,000 people, the statement reads.
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