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EBRD, KTZ Form Energy Efficiency Program

The European Bank for Reconstruction & Development and KTZ are developing an investment program.

The European Bank for Reconstruction & Development (EBRD) and KTZ are developing an investment program, Railway Gazette International reports. The program will be developed to reduce the Kazakh railway’s energy consumption and CO2 emissions.

EBRD will provide assistance for projects comprising an automated fuel control system. It will also consider providing $100-200 million to support the energy efficiency program.

Click here for the story from Railway Gazette International.

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