Malinec-Latky Pumped-Storage Hydro Plant Project Approved as Significant Investment
The Slovak cabinet has approved the Malinec-Latky pumped-storage hydro-electric power plant project as a significant investment, with an estimated preparation cost of €60 million. The Environment Ministry cited critical time pressure for the decision. Environment Minister Tomas Taraba is expected to issue a significant investment certificate within two weeks.
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The Slovak cabinet has designated the Malinec-Latky pumped-storage hydro-electric power plant project as a significant investment. This decision, announced during a session on February 11, is supported by the Environment Ministry due to critical time constraints.
An estimated €60 million is allocated for the preparation of the hydro-electric power plant. Environment Minister Tomas Taraba will issue a certificate of significant investment within two weeks.
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