GE, Slovenias HSE Reach Settlement Over Troubled Power Plant

GE, Slovenias HSE Reach Settlement Over Troubled Power Plant


GE, Slovenia's HSE reach settlement over troubled power plant
Thu 11th March 2021 | 10:48 PM
Slovenian power supplier HSE said Thursday it has reached an out-of-court settlement with US giant General Electric over alleged irregularities in the construction of a much-delayed coal-fired power plant outside Ljubljana
Ljubljana, (APP - UrduPoint / Pakistan Point News - 11th Mar, 2021 ) :Slovenian power supplier HSE said Thursday it has reached an out-of-court settlement with US giant General Electric over alleged irregularities in the construction of a much-delayed coal-fired power plant outside Ljubljana.
HSE said in a statement that GE had agreed to pay 261 millionEuros ($310 million) to settle a dispute over the TES 6 unit at the coal power plant in Sostanj, some 80 kilometres (50 miles) northeast of the capital.

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